Maharashtra cabinet on Tuesday gave its approval for the first phase of Marathwada Water Grid Project to mitigate water woes in the region. The project is expected to cost Rs 4,293 crore and will include setting up of a pipeline network of 737 kilometres in the Aurangabad district and 458.29 kilometres in Jalna.
The first phase of the project will be implemented in Aurangabad and Jalna, Finance Minister Sudhir Mungantiwar told reporters after the meeting.The idea is to connect the various dams in the region through a water grid to ensure supply to all villages in the region. We will invite tenders to implement it on a hybrid annuity model,” he added.
Maharashtra Government has signed an agreement with Israel’s Mekorot Development to plan the water grid project. Under this agreement, Mekorot will submit ten primary feasibility reports in six phases till February 2020. The feasibility reports for Jalna and Aurangabad were presented as part of this agreement.
A hybrid annuity model is a combination of a cash contract and a build, operate and transfer model.