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Jain Irrigation bags Rs 127 crore contract in Rwanda

Mumbai : Jalgaon-based irrigation major Jain Irrigation Systems (JISL) has said it has secured a contract worth Rs 127 crore ($18.7 million) for developing irrigation and watershed facilities in Rwanda.

Jain Irrigation has been awarded the contract by the Rwanda Agriculture Board (RAB) for irrigation and watershed development in Mahama sector under the export targeted modern irrigated agriculture projects in the landlocked East African country.

The project is being financed by the EXIM Bank of India and will be executed near Rusumo (Rwanda-Tanzania border). It is being funded under a line of credit extended to the African country through EXIM Bank.

Jain Irrigation said it aims to complete the engineering, procurement and construction (EPC) project in 18 months.

The total area under irrigation will be 1220 hectare and the project scope also has a component of watershed development and capacity building for over 1752 hectare.

Rwanda is investing in modern agriculture project and is at the forefront of using latest technology to improve productivity. The country have taken impressive strides in value added agriculture, JISL said.

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