Water is a precious and limited resource. The increasing stress on fresh water resources brought about by rising demand and growing population is a serious concern. Punjab
Water Resources Management and Development Corporation Limited has been incorporated by Government of Punjab as its wholly owned undertaking with objective of development, conservation and management of water in consonance with
national perspective of water planning and co-ordination in relation to diverse uses of water. The broad objectives are detailed as under:
promote schemes for execution, improvement and Management
of Major, Medium and Minor Irrigation projects of
enterprises which in the opinion of the Company
are likely to promote or advance the development
of irrigation in the State of Punjab.
promote schemes for construction and management
of Canal, remodelling of existing Canal System,
Lining of Canals and other connected works on behalf
of Govt. of Punjab, Govt. Companies and Corporations
in the Union of India.
promote schemes for execution and management for
recharge of ground water, antiwater logging measures,
development of drainage systems, River training
works, construction of bunds and embankments and
other connected works on the behalf of the Govt.
of Punjab, Govt. Companies, bodies, institutions
in the Union of India.
promote research and development of design techniques
of irrigation structures, computerization and creation
of data bank.
enter into any arrangement with the Government of
India, Government of Punjab, or any other Government
or State or local Authority for the purpose of carrying
out the objects of the company for the furthering
its interests and to obtain from such Government
or Authority or person any characters, subsidies,
loans, indemnities, grants, contracts, licenses,
rights, concessions, privileges or immunities which
the Company may think desirable to obtain and exercise
and comply with any such arrangements, rights, privileges
direct the management, control or supervision of
any Company, association or concern by nominating
directors, controllers, supervisors, advisors or
otherwise, or to collaborate with any company or
association or concern formed for carrying or any
manufacturing or other business within the objects
of the Company.