Government owned WAPCOS ranked as top consulting firm by the Asian Development Bank

Tags: Reports National Economy/Finance

The Asian Development Bank(ADB) in its annual Procurement report 2022 has ranked the Government of India owned Water and Power Consultancy Services India Limited (WAPCOS) Company as the top Consulting Services Firm in Water and other Infrastructure Sectors.

In another report on its Members’ Fact Sheet - 2022 released by the ADB, WAPCOS figured amongst the top 3 Consultants from India involved in Consulting Services Contracts under ADB Loan, Grant and Technical Assistance Projects in Energy, Transport and Water & other Urban Infrastructure Sectors.  WAPCOS is the only Indian Public Sector to feature in the above categories.

The Manila, Philippines based Asian Development Bank is a regional development bank for Asia and Asia-Pacific region. It has 68 member countries and it is headed by Masatsugu Asakawa. It also releases the Asian development Outlook report.

WAPCOS 

It was established by the government of India in 1969 under the aegis of the Ministry of Water Resources to utilize India’s knowledge and expertise in the field of water resources by sharing and exporting technology to friendly developing nations.

In 1979 the name of the Company was changed from “Water and Power Development Consultancy Services (India) Limited” to “Water and Power Consultancy Services (India) Limited.”

Apart from India, the Company has successfully completed/on-going consultancy assignments in more than 51 Countries covering Asia, Africa, CIS, Pacific Islands and South America.

Chairman cum Managing Director: Rajni Kant Aggrawal 

Headquarters: New Delhi