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Jain Irrigation + Isreaeli Mekorot sign MOU

February 13, 2008

Jain Irrigation Systems (JISL) has informed us that the company and Mekorot, the National water company of Israel have signed an MOU for cooperating and working together in India in projects related to water infrastructure in the country. Initially the two companies will establish a framework for joint cooperation and collaboration to explore potential projects in the field of desalination plants, water resource management, water supply systems, municipal water management / wastewater treatment and reclamation projects in India.

The two companies intend to execute the water projects by using their core competencies and expertise in the water sector. Mekorot will contribute and provide design capabilities and technologies along with resources for implementation, management, operation and maintenance of such projects. The company will contribute and provide the customer relationships, business development, management resources, procurement of equipment and execution of facility / plant.

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