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:
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To 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.
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To 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.