Dec 19, 2007

Insituform Wins $35.1 Million in CIPP Work in India

Two sewer rehab contracts combine for largest municipal sewer project in company’s history

Insituform Technologies, Inc. has won two sewer rehabilitation contracts in Delhi, India, totaling $35.1 million, creating the largest municipal sewer project in the company’s history.

The Delhi Jal Board (DJB) awarded the contracts to Insituform’s India joint venture in November as part of the city’s three-year plan to spend approximately $1 billion to rehabilitate a sewer system that serves a population of almost 14 million people. Insituform anticipates participating with DJB on additional projects as the process continues.

Combined, the contracts involve rehabilitating 8.57 miles of large-diameter sewer lines. The work will begin in January 2008 and must be completed by January 2010.

“These two projects constitute a tremendous step forward for Delhi in the modernization of its sewer system, and we’re thrilled to participate in this vital process that will contribute positively to public health,” said Daniel E. Cowan, Sr., Insituform’s vice president of strategic business initiatives.

Insituform is currently performing its first large-diameter sewer rehabilitation project in India for the New Delhi Municipal Council. The company will begin the DJB project immediately upon completion of the New Delhi Municipal project. Insituform has partnered with Subhash Projects & Marketing, Ltd., one of India’s largest water, waste and power infrastructure companies, to complete the New Delhi Municipal project and the DJB projects and to implement the company’s plans to expand throughout India.