Project Description
Water conservation has become one of the paramount concerns for Pakistan as the water table is depleting with every passing day due to massive extraction and increasing population. In absence of water meters at production, distribution and consumer ends, the quantity of water produced, supplied, and lost cannot be accurately measured. There is a dire need of developing a correlation between the volume of water produced and the volume of water sold through proper water metering. In the absence of water meters, it is impossible to estimate the supply and demand of water resources. This can be done by water metering as reduction in the water losses will reduce the stress on the aquifer and may avoid excessive pumping / extraction of water.
Salient Features
Project Cost: PKR 9.3 Billion
Proposal Type: Solicited with BOT
Concession Period: 10 Years (excluding installation period)
Total Meters: 711,265
Sector: Water Supply and Sanitation
Potential Impact: The project is expected to conserve water resources and to reduce the declining rate of the groundwater table. Furthermore, it will reduce water losses.
Executing Agency: Water and Sanitation Agency (WASA), Lahore
Objectives
- Improving collection levels
- Minimizing illegal connections and water theft
- Minimizing non-revenue water
- Conservation of water
- Minimizing water pumping cost
Current Status:
- Concession Agreement signed on 14-03-2022
- Financial Close achieved on 25-11-2022
Private Party:
Consortium of
- M/s Wenling Younio Water Meter Co. Ltd.
- M/s Jiangsu Xinlang Environmental Company (Private) Ltd.
- M/s China Energy Engineering Group Jiangsu No.3 Electric Power Construction Co. Ltd.
Special Purpose Vehicle titled, “XINLANG Lahore Water Metering (SMC-Private) Limited” registered with SECP