Jindal boosts profile with international partnerships
- From: Vol 11, Issue 2 (February 2010)
- Category: General
- Region: Asia
- Country: India
- Related Companies: Jindal Water Infrastructure Ltd and Manila Water Company
Jindal Water’s JV with Manila Water and a new MOU with Kobelco highlight a growing trend for Indian water companies to ally themselves with international partners. Rama Rastogi reports.
Jindal Water Infrastructure Ltd. (JWIL), part of the $10 billion O.P. Jindal conglomerate, has signed two new agreements with foreign partners – a 50/50 joint venture with Manila Water of the Philippines, and an MOU with Japan’s Kobelco.
Signed on 5th February, the JV will be called Jindal Manila Water Development Company Limited, and will focus on pursuing ...
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