Milestones

Jal Mahal Tourism Project

First restoration of toxic lake and heritage monument using PPP frameworks in the country

Jaipur, the capital city of Rajasthan and known worldwide as the Pink City, has a unique presence on national & international tourism map. It also falls on the famous golden triangle (Delhi- Agra-Jaipur). Jal Mahal is an 18th century pleasure palace located in the middle of the Mansagar Lake. Mansagar lake is a 300 acre lake surrounded by the Nahargarh hills. The Jal Mahal Project Area falls in the Jaipur – Amer tourist corridor and is the only major waterbody in Jaipur. The project location is in the close vicinity of key tourist attraction viz. Amer, Jaigarh and Nahargarh Forts and walled city of Jaipur

The lake and the project area was an ecological disaster, with the dumping of untreated sewage from the city and poor upkeep. The monument itself is poorly maintained with no formal access possible for tourists

IL&FS was entrusted the job of finding a permanent solution to the development requirements of the project in the year 2000. Through its joint-venture company with Government of Rajasthan, PDCOR Ltd. IL&FS institutionalized a careful process of project development and structuring. It was able to design a restoration initiative, source the resources for project implementation and innovatively involve the private sector in sustainable development of the project area

This is the first lake conservation project sanctioned by MoEF, GoI for the State of Rajasthan. Further, while sanctioning the grant amount, MoEF, GoI has been quite appreciative of the sustainability model, and has recommended that a similar structure be considered for restoration of Udaipur lake and other such environmentally sensitive restoration projects
Projects in this Sector
  • Delhi-Noida Toll Bridge
  • East Coast Road
  • Tirupur Water Supply Project
  • Visakhapatnam Industrial Water Supply Project
  • Jal Mahal Tourism Project
  • Ahmedabad Municipal Bonds
  • AIG Indian Sectoral Equity Fund (AISEF)
  • Kottayam-Kumarakom Ecocity Project
  • Environmental Information Centre (EIC)
  • K-Yan Compact Media Centre