Interlinking Rivers (ILR) to Boost Business
ECONOMY & POLICY

Interlinking Rivers (ILR) to Boost Business

India’s ambitious Interlinking of Rivers (ILR) projects could present Rs.2 lakh crore worth of business opportunities for engineering, procurement, and construction (EPC) companies over the next four years, according to ICRA. Four key priority river links are set to generate significant economic growth, with ?80,000 crore directed toward large-scale irrigation projects.

Four Priority Projects:

The Godavari-Cauvery link is the largest, representing 45% of total expenditure, followed by the Ken-Betwa link, accounting for 21%. Other notable projects include the Kosi-Mechi and Parbati-Kalisindh-Chambal links. These projects are expected to form the backbone of a decade-long ILR plan, starting with ?3,908 crore allocated from the Ministry of Jal Shakti’s budget. The total expenditure for the top four priority projects by FY35 is projected at ?2.6 lakh crore, marking significant infrastructural development in India's water management sector. Business Opportunities for EPC:

EPC companies will benefit from the large-scale irrigation developments, and with 60% of funding from the central government, financial risks are mitigated. Challenges remain, particularly with the remaining 40% reliance on state government finances, which could slow down project execution. ILR projects are expected to commence gradually, with the Parbati-Kalisindh-Chambal and Godavari-Cauvery links likely starting by FY28-FY29. Government Focus on Water Sector:

The Ministry of Jal Shakti’s budget for FY25 has increased to Rs.78,000 crore, with a continued focus on the Jal Jeevan Mission, which has seen a 69% growth rate over the past six years. The government’s growing involvement in water infrastructure promises sustained development and funding for ILR projects. With consensus-building between states being crucial, ILR projects like Ken-Betwa and Kosi-Mechi will lay the groundwork for more complex projects, helping drive India’s economic growth and water resource management.

India’s ambitious Interlinking of Rivers (ILR) projects could present Rs.2 lakh crore worth of business opportunities for engineering, procurement, and construction (EPC) companies over the next four years, according to ICRA. Four key priority river links are set to generate significant economic growth, with ?80,000 crore directed toward large-scale irrigation projects. Four Priority Projects: The Godavari-Cauvery link is the largest, representing 45% of total expenditure, followed by the Ken-Betwa link, accounting for 21%. Other notable projects include the Kosi-Mechi and Parbati-Kalisindh-Chambal links. These projects are expected to form the backbone of a decade-long ILR plan, starting with ?3,908 crore allocated from the Ministry of Jal Shakti’s budget. The total expenditure for the top four priority projects by FY35 is projected at ?2.6 lakh crore, marking significant infrastructural development in India's water management sector. Business Opportunities for EPC: EPC companies will benefit from the large-scale irrigation developments, and with 60% of funding from the central government, financial risks are mitigated. Challenges remain, particularly with the remaining 40% reliance on state government finances, which could slow down project execution. ILR projects are expected to commence gradually, with the Parbati-Kalisindh-Chambal and Godavari-Cauvery links likely starting by FY28-FY29. Government Focus on Water Sector: The Ministry of Jal Shakti’s budget for FY25 has increased to Rs.78,000 crore, with a continued focus on the Jal Jeevan Mission, which has seen a 69% growth rate over the past six years. The government’s growing involvement in water infrastructure promises sustained development and funding for ILR projects. With consensus-building between states being crucial, ILR projects like Ken-Betwa and Kosi-Mechi will lay the groundwork for more complex projects, helping drive India’s economic growth and water resource management.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?