Vishvaraj Infrastructure plans to invest around Rs 6,000 crore over the next five years to tap the growing market for waste water treatment and expand its footprint across the country.
It expects to garner around Rs 2,500 crore in revenue from this business, the company’s Chairman and Managing Director Arun Lakhani said. Vishvaraj Infrastructure, which started off with BOT road projects in Maharashtra, has diversified into integrated water supply, waste water treatment and reuse segments. “Around 38,250 MLD of wastewater is generated by tier-I and II cities, which is estimated to grow 3.5 times to 1,32,250 MLD by 2050. “We see this as a huge market for sewage treatment and reuse for commercial purposes,” Lakhani told PTI here.