Dr. Mohan Yadav, Chief Minister of Madhya Pradesh, chaired a Board of Directors meeting to discuss the restructuring of Madhya Pradesh Jal Nigam. The proposal to rename it the Madhya Pradesh Water and Sanitation Corporation was approved.
On Wednesday, Dr. Mohan Yadav, Chief Minister of Madhya Pradesh, presided over the 26th Board of Directors meeting of Madhya Pradesh Jal Nigam at Samatva Bhavan, his official residence. The key proposal discussed was the restructuring and renaming of the existing Madhya Pradesh Jal Nigam Maryadit (MPJNM). After deliberation, the Board approved the proposal to rename it as the Madhya Pradesh Water and Sanitation Corporation (MP-WASCO) for further approval from the Council of Ministers.
In light of this proposed restructuring and renaming, the expanded responsibilities, new targets, and additional resources in water resources development and sanitation management across the state are expected to be assumed by the Corporation. The Board also approved various agenda proposals presented by MPJNM for consideration and approval.
During the meeting, Dr. Yadav approved the report prepared for the financial year 2023-24 and the unaudited annual accounts for 2024-25. He authorized the Managing Director to represent Madhya Pradesh Jal Nigam on the project company constituted for development of a 60 MW grid-connected wind power project under the captive mode. The Board also approved holding a 26% equity stake in dematerialised form in the project company.
Additionally, Dr. Yadav approved the transfer of the equity shares of Madhya Pradesh Jal Nigam to the new office-bearers and the budget estimates of ₹57 crore prepared by the Corporation for the current financial year 2026-27. He also reappointed Shri Sumit Bose as an Independent Director on the Board of Directors of Madhya Pradesh Jal Nigam and approved a proposal to increase the tender-approval limit of the Managing Director of Madhya Pradesh Jal Nigam from ₹5 crore to ₹25 crore.
The meeting was attended by Public Health Engineering Minister Smt. Sampatiya Uikey, Chief Secretary Shri Ashok Barnwal, Additional Chief Secretaries Shri Manish Rastogi and Smt. Dipali Rastogi, Additional Chief Secretary, PHE, Shri Sachin Sinha, Principal Secretary, PHE, Shri Manish Singh, Principal Secretary, Health, Shri Sandeep Yadav, Managing Director, Madhya Pradesh Jal Nigam Maryadit, Shri V.S. Choudhary Kolasani, and other members of the Board of Directors.
Source:
MPInfo English News
