The Asian Development Bank (ADB), in its Annual Procurement Report 2022, ranked WAPCOS as the top consulting services firm in the water and other infrastructure sectors, with the highest sanctioned financed amount. WAPCOS is a Government of India Enterprise under the Ministry of Jal Shakti.
In a different report on its Members' Fact Sheet - 2022 that the ADB published, WAPCOS was listed as one of the Top 3 Indian Consultants engaged in Consulting Services Contracts under ADB Loan, Grant, and Technical Assistance Projects in the Energy, Transport, and Water, as well as Other Urban Infrastructure Sectors. The only Indian public sector company listed in the aforementioned categories is WAPCOS.
A few days ago, WAPCOS and the Ministry of Jal Shakti signed a Memorandum of Understanding (MoU) for the Financial Year 2022–2023 with the aim of assisting the Company's expansion. Pankaj Kumar, Secretary, Department of WR, RD & GR, Ministry of Jal Shakti, Government of India, and R.K. Agrawal, CMD, WAPCOS and NPCC, exchanged a memorandum of understanding.
The Asian Development Bank, headquartered in Manila, Philippines, is a regional development bank for Asia and the Asia-Pacific region. It is led by Masatsugu Asakawa and has 68 member countries. It also publishes the Asian Development Outlook.
More About WAPCOS:
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It was founded in 1969 by the Indian government under the auspices of the Ministry of Water Resources with the goal of utilizing India's knowledge and expertise in the field of water resources by sharing and exporting technology to friendly developing nations.
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Water and Power Development Consultancy Services (India) Limited was renamed "Water and Power Consultancy Services (India) Limited" in 1979.
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The company has successfully completed or is currently completing consulting projects in more than 51 countries across Asia, Africa, the CIS, the Pacific Islands, and South America.
