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
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?