Ramky Infrastructure Limited announced that its subsidiary, Mallannasagar Water Supply Limited, has signed a concessionaire agreement with the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) for a project valued at approximately ₹2,085 crore.
The contract pertains to the execution of the Godavari Drinking Water Supply Scheme Phase II & Phase III, which involves filling Osmansagar and Himayathsagar reservoirs with Godavari water to aid the rejuvenation of the Musi River. Awarded under the Hybrid Annuity Model (HAM), the project includes construction within two years, followed by manning, operation, and maintenance (MoM) for a period of 10 years after commissioning.
The contract value excludes GST, O&M charges, and applicable escalations. Ramky confirmed that neither the company nor its promoters have any interest in HMWSSB and that the transaction does not fall within the ambit of related-party dealings.
Ramky Infrastructure, a Hyderabad-based infrastructure development company, has executed multiple large-scale projects in water supply, roads, and urban infrastructure across India. The latest order strengthens its position in water resource management, a key focus area for urban rejuvenation and sustainable development.