Essel storms ahead in Indian water

Billionaire-backed project developer Essel has won a new PPP in PM Modi’s backyard. Suez and Earth Water Group veteran Vidyavathsal will be driving the water business.

Essel Infra Projects, a subsidiary of the Subhash Chandra-led Essel Group – best known for its Zee media brand – has been awarded a contract to finance, build and operate a 50,000m3/d wastewater treatment plant in Varanasi, Uttar Pradesh. The company undercut opposition from seven other players, including Suez, Wabag, and Vishvaraj with a low bid of just INR1.53 billion ($24...

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