Vishvaraj Infra to raise $100 m for expansion in water, road projects

Vishvaraj Infrastructure Ltd. (VIL) is planning to raise $100 million to boost its expansion plans in the water supply, sewerage treatment and road construction projects. VIL will utilise the fund for the upcoming Smart City projects, AMRUT projects, hybrid annuity road projects and to expand its business. The company has expertise in urban water supply and sewerage treatment plants. The company has been short-listed for a water supply contract in Rajasthan and is in the process of bidding for several other city water and sewerage facilities. As the government encourages the development of Smart Cities, tenders for water supply and sewerage treatment and urban solid waste will come up and Vishvaraj will bid for these tenders showcasing what they have achieved with the Nagpur project.

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