IT and real estate majors ink pact with HMWSSB
HYDERABAD: In a unique community initiative, this time IT and real estate majors of Gachibowli and Manikonda areas on the city outskirts have inked a pact with the Hyderabad Metro Water Supply and Sewerage Board to enable Krishna water flow into their area.
While the former will bear the costs, Rs. 48 crores in all, the water board will lay the necessary infrastructure including dedicated pipelines, pump houses and reservoirs, to carry 5 Million Litres Per Day of Krishna water from the Krishna Drinking Water Supply Scheme to the software and real estate hub.
The agreement was finalised here on Tuesday and was a part of the HMWSSB effort to find ways and means to utilise the additional 90 MGD being acquired by it on completion of the project's second phase.
In all, 23 IT companies, hotels and a couple of real estate groups are partners in the initiative and have agreed to shell out half of the project costs straightaway. The companies include Microsoft, Infosys, Canbay, DLF, IMR Township, Jayabheri and others, according to M. Satyanarayana, HMWSSB, Director, Technical. "We will call for tenders shortly and finish work in six months," he said. The works include laying a main pipeline of 9 km length and another 10 km of linkage pipelines besides constriction of two reservoirs of 5 ML and 10 ML capacities.