The simple truth is that the level of efficiency in the private sector are much better in the field of water management and companies like Vishvaraj Infrastructure Ltd (VIL) can player a major part, especially with the PPP model.
For those uninitiated, the public-private-partnership (PPP) module has a fourth P meant for people. VIL who won two major awards in the sector at the recent World Water Leadership Congress & Awards. The company won the presitigious Water Reuse Project of the Year and Mr Arun Lakhani, VIL’s chairman and managing director won the award for Outstanding Contribution to Water.
PPP is an excellent model to synergise private efficiency and public oversight and helps in removing inefficiencies through private intervention. PPP has two important characteristics, first being the service provision as well as investment by the private sector and second, significant risk is transferred from the government to the private sector, says Mr Arun Lakhani. There is a huge opportunity by improvising processes and effectively implementing the PPP Model.
VIL provides global solutions that contribute to sustainable development in the water sector through innovation in the design, construction and operation of drinking water treatment plants, distribution system reforms, etc.