Veolia wins big in Sri Lanka’s drinking water reform
Veolia has been appointed project manager for the construction of five new water treatment plants in the Greater Matale agricultural region of Sri Lanka...
COLOMBO, Sri Lanka - Veolia has been appointed project manager for the construction of five new water treatment plants in the Greater Matale agricultural region of Sri Lanka.
Through its subsidiary OTV, the French company will deliver the €156 million project, which also includes12 service reservoirs, five pumping stations and more 430 km of transmission and distribution pipes.
This system will ensure drinking water quality and secure supply for more than 350,000 people.
The Matale (30,000 m3/day), Ambanganga (18,000 m3/day), Ukuwela, Udatenna and Rattotta (9,000 m3/day each) water treatment plants will incorporate clarification, settling and filtration, as well as other technologies depending on local conditions.
Another Veolia subsidiary, SADE will act as subcontractor to design and build the 433 km transmission and distribution network.
To fund the project, export credit from a syndicate of banks (CACIB, Natixis, Unicredit and BNP Paribas), was combined with a guarantee from the French Ministry of Finance and a local commercial loan from HNB bank and treasury bonds.
Claude Laruelle, director of Veolia’s Global Enterprises, said: “Access to water is a key factor in the growth of cities, their citizens and their economy.”