WaterHealth India Pvt.
Ltd. will install about 900 decentralized plants across the country to purify water on site.
The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, will fund a project to distribute clean water to millions of Indians at an affordable price.
80 crores) loan to a project that will expand access to affordable clean drinking water to millions of low and middle-income people in India, said a statement issued by the US Embassy in India.
The loan will be provided to WaterHealth India Pvt.
Ltd., a subsidiary of WaterHealth International, Inc. of Irvine, California, to enhance the clean water distribution facilities in India.
The water purified from the plants will be distributed to the public at a price that is three to four times lower than bottled water alternatives currently available in the marketplace.
An estimated 63 million Indians don’t have access to clean drinking water.
“WaterHealth International has been committed to improving access to safe and affordable drinking water for underserved consumers for over a decade.
In addition to expanding the availability of safe water, the project is projected to create more than 1,300 jobs in India and introduce advanced technologies and business models for providing potable water.