The $3.5-billion US-based Pentair Group has identified India as its biggest emerging market globally. The company is keen to make its mark in the fast growing home water management and water purification segments in India.
Like several other leading companies in the sector, Pentair also sees a slew of opportunities from source-to-sink in the water management category in the country.
The company's wholly-owned Indian subsidiary Pentair Water India has decided to set up a pump manufacturing unit in the country and is finalising a location for the same. It already has a sizeable presence in India, having made its entry in 1998.
So far, it has been active in the industrial water treatment segment in the country and had been supplying membranes to almost all water purifying companies in India. The company has been providing water treatment solutions for a range of industrial, commercial and institutional applications.
The company's existing manufacturing facility at Goa is also being used to export water treatment systems to West Asia markets. Now, it has decided to set up a new pump manufacturing unit at an estimated investment of Rs 20 crore. But, as of now, the company has not decided on the location for the manufacturing facility.
The company is looking at Pune, Coimbatore and Gujarat for the plant.
Pentair is ramping up its presence in India when the water and wastewater management industry has emerged as one of the most recession proof segments poised for growth over the next several years. Companies like Pentair also stand to benefit with several state governments stepping up investments in projects related to water infrastructure.
Monday, January 25, 2010
Monday, January 18, 2010
VA Tech Wabag to set up India’s largest desalination plant in Chennai
India's leading water-treatment company VA Tech Wabag has been the country's largest desalination project that will have a daily production capacity of 100 million litres. The plant will come up at Nemmeli, near Chennai, the capital of India's southern Tamil Nadu state.
The project contract has bagged by VA Tech Wabag from the Chennai Metropolitan Water Supply and Sewerage Board. The Board has turned towards seawater desalination in a big way to ramp up the supply of water for the city, which has not been able to keep pace with rising demand.
The Nemmeli desalination plant is Chennai's second, with the first coming up at Minjur in the city's north.
VA Tech Wabag, which is also based in Chennai, will implement the project as a 70:30 joint venture with Israel-based IDE Technologies. The Rs 1,033-crore reverse osmosis plant will be commissioned in the next 24 months.
VA Tech Wabag expects to commence construction on the project from next month.
The contract value is divided into two parts - Rs 533 crore towards design and construction and Rs 500 crore as operation and maintenance charges spread over seven years. The construction cost of Rs 533 crore project will be funded by a grant from the Indian Government.
The project has been allocated to the company on a design, build and operate (DBO) basis. Chennai Metropolitan Water Supply would be allocating the fund for the O&M contract.
The project contract has bagged by VA Tech Wabag from the Chennai Metropolitan Water Supply and Sewerage Board. The Board has turned towards seawater desalination in a big way to ramp up the supply of water for the city, which has not been able to keep pace with rising demand.
The Nemmeli desalination plant is Chennai's second, with the first coming up at Minjur in the city's north.
VA Tech Wabag, which is also based in Chennai, will implement the project as a 70:30 joint venture with Israel-based IDE Technologies. The Rs 1,033-crore reverse osmosis plant will be commissioned in the next 24 months.
VA Tech Wabag expects to commence construction on the project from next month.
The contract value is divided into two parts - Rs 533 crore towards design and construction and Rs 500 crore as operation and maintenance charges spread over seven years. The construction cost of Rs 533 crore project will be funded by a grant from the Indian Government.
The project has been allocated to the company on a design, build and operate (DBO) basis. Chennai Metropolitan Water Supply would be allocating the fund for the O&M contract.
Sunday, January 10, 2010
BARC to help Mumbai set up desalination plant
Civic authorities in India's financial capital Mumbai have decided to appoint premier state-run atomic agency, Bhabha Atomic Research Centre (BARC) as consultant in a project that seeks to set up the city's first sea water desalination plant.
BARC, which already desalinates water for its captive consumption, will provide technical expertise to the city for the project that will likely help tackle water crisis in the city.
Mumbai, which is the capital of India's western state of Maharashtra, has been facing severe water scarcity and local authorities have been resorting to a host of measures, including water rationing to curb rising demand for the resource. The city has also been rationing water to bring down its usage.
The city's main civic body, Brihanmumbai Municipal Corporation (BMC) has also charted plans to go for public-private partnership to set up desalination plants to resolve the city's water woes in the coming years.
BARC has already helped Chennai, the capital city of Tamil Nadu state in setting up a 10 million litres of day (MLD) desalination plant and another at Kalpakkam with an installed capacity of 6.5 MLD.
For Mumbai, BARC plans to consult the civic authorities on the type of technology to be deployed at the plant that would be suitable for desalinating water on large scale. BARC is also expected to guide Mumbai civic authorities on the feasibility and the survey reports.
The proposed project has already attracted the attention of the private sector and even as the BMC has identified areas where it may set up the desalination plants, as many as 18 international and local companies have submitted expressions of interest to carry out a feasibility study. The companies would have the mandate to set up plants with a capacity of 10 MLD at various places near the coastline.
BARC, which already desalinates water for its captive consumption, will provide technical expertise to the city for the project that will likely help tackle water crisis in the city.
Mumbai, which is the capital of India's western state of Maharashtra, has been facing severe water scarcity and local authorities have been resorting to a host of measures, including water rationing to curb rising demand for the resource. The city has also been rationing water to bring down its usage.
The city's main civic body, Brihanmumbai Municipal Corporation (BMC) has also charted plans to go for public-private partnership to set up desalination plants to resolve the city's water woes in the coming years.
BARC has already helped Chennai, the capital city of Tamil Nadu state in setting up a 10 million litres of day (MLD) desalination plant and another at Kalpakkam with an installed capacity of 6.5 MLD.
For Mumbai, BARC plans to consult the civic authorities on the type of technology to be deployed at the plant that would be suitable for desalinating water on large scale. BARC is also expected to guide Mumbai civic authorities on the feasibility and the survey reports.
The proposed project has already attracted the attention of the private sector and even as the BMC has identified areas where it may set up the desalination plants, as many as 18 international and local companies have submitted expressions of interest to carry out a feasibility study. The companies would have the mandate to set up plants with a capacity of 10 MLD at various places near the coastline.
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