Technocraft Ventures Limited (TVL) has strengthened its position in India’s urban infrastructure sector after securing Letters of Award (LOAs) for three major sewerage development projects in Bihar with a combined value of approximately ₹745 crore, excluding GST. The projects have been awarded by the Bihar Urban Infrastructure Development Corporation Limited (BUIDCO) under the Government of India’s Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 programme.
The contracts cover the development of comprehensive sewerage infrastructure in the cities of Motihari, Jehanabad and Siwan. The scope of work includes the construction of underground sewer networks, sewage treatment plants, pumping stations, rising mains and other associated facilities, along with five years of operations and maintenance following project completion.
The projects have been awarded to a joint venture led by Technocraft Ventures Limited, which holds a 74 percent stake and will serve as the Partner-in-Charge. Under the proposed arrangement, TVL will undertake the complete execution of the projects, leveraging its engineering expertise and project management capabilities.
Commenting on the development, Sanjay Tyagi, Managing Director of Technocraft Ventures Limited, said the awards reinforce the company’s growing presence in the water and wastewater infrastructure sector. “These projects reflect the confidence that government agencies have placed in our engineering and execution capabilities. Strengthening sanitation infrastructure is essential for improving public health, conserving water resources and supporting sustainable urban development. We remain committed to delivering these projects within the required timelines while maintaining the highest standards of quality, safety and operational excellence,” he said.
The projects form part of the AMRUT 2.0 initiative, which focuses on improving urban infrastructure across India by expanding access to sewerage, wastewater treatment and water conservation facilities. Funding for the programme is jointly provided by the Central Government, State Governments and Urban Local Bodies.
Technocraft Ventures has built a diversified portfolio across water supply, wastewater management, urban infrastructure and transportation projects. Over the years, the company has executed assignments under several flagship government programmes, including AMRUT, Namami Gange, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and the Pradhan Mantri Gram Sadak Yojana (PMGSY). It has also delivered projects financed by multilateral institutions such as the Asian Development Bank (ADB), adhering to stringent international standards for engineering, environmental management and project execution.
