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Cash flow management in terms of focus on receivables and debt reduction was a major contributor
WATER & WASTE

Cash flow management in terms of focus on receivables and debt reduction was a major contributor

SECTOR: Construction & Contracting Ramky Infrastructure Ramky Group is a billion-dollar conglomerate with cutting-edge competency in the areas of civil, environmental and waste management infrastructure with special emphasis on PPP projects. To its credit, Ramky...

SECTOR: Construction & Contracting Ramky Infrastructure Ramky Group is a billion-dollar conglomerate with cutting-edge competency in the areas of civil, environmental and waste management infrastructure with special emphasis on PPP projects. To its credit, Ramky Group in India and abroad is handling over 80 PPP projects and is a preferred partner for both the government and private sector. In addition to its presence in 55 locations across India, Ramky Group also has its operations in the Middle East, Southeast Asia, West Africa and Singapore. The company, established in 1994, is headquartered in Hyderabad, Telangana, and has serviced a diverse range of construction and infrastructure projects in sectors as varied as water and wastewater, transportation, irrigation, industrial parks including SEZs, power transmission and distribution, residential, commercial and retail property. A pan-India presence has allowed Ramky Infrastructure to service growing infrastructure needs throughout the country. Ramky Infrastructure is the flagship company of Ramky Group, a group of affiliated companies engaged in a range of construction and infrastructure projects in all major sectors. It operates in two principal business segments: The construction business and the developer business. A majority of development projects are based on PPPs and operated by separate special SPVs promoted by Ramky Infrastructure, JV partners and respective governments. YR Nagaraja, Managing Director, Ramky Infrastructure Ltd, shares more…. Strategies to overcome COVID-19 and other challenges in FY2020-21: Administrative controls and safe work practices to ensure minimal impact on project execution with emphasis on core principles of Ramky Infrastructure, in terms of quality, timely and budgetary deliverance, safety, health and environment compliance, clean and green operations and high standards of governance, have contributed to sustainable growth. Major contributor to growth in FY2020-21: Cash flow management in terms of focus on receivables and debt reduction was a major contributor to the company’s growth in FY2020-2021. Decision avoided/made that helped maintain top-line and bottom-line: A cautious approach towards taking up any new projects and focus on completion of legacy projects have helped the company to maintain top-line and bottom-line. Plans for growth in FY2021-22 and beyond: We are continuously building on the expertise gained in development of industrial parks and leverage on the water and wastewater construction business, roads, and other highly viable verticals (synergistic). PPPs will be the focus model with visibility on returns. Ramky has benefitted from a first-mover advantage in several verticals and our focus will remain on innovating the company’s core strategy going forward.

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Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

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Infrastructure Urban

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

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Infrastructure Urban

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..

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