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ENPAR Signs Licensing Agreement With Fontus Water Pvt Ltd: A Leader Within The Indian Institutional, Industrial and Rural Water Markets
(via Thenewswire.ca) November 6, 2013, Guelph, Ontario. Dr. Gene Shelp, President and C...
About this update from Current Water Technologies Inc
[{"type":"text","content":"ENPAR Signs Licensing Agreement With Fontus Water Pvt Ltd: A Leader Within The Indian Institutional, Industrial and Rural Water Markets(via Thenewswire.ca)\n\n \nNovember 6, 2013, Guelph, Ontario. Dr. Gene Shelp, President and CEO of ENPAR Technologies Inc. (TSX-V:ENP) (\"ENPAR\" or \"the Company\"), is very pleased to announce that ENPAR has signed a licensing agreement with Fontus Water Pvt. Ltd., which is based in India, to market ENPAR's array of state-of-the-art water treatment technologies in select regions of Asia & Africa. \n\n\n \nEstablished in the year 2000, Fontus Water Pvt. Ltd. offers complete water and wastewater management solutions to the institutional, industrial and rural water markets. As a member of the Earth Water Group, Fontus Water is India's fastest growing water solutions provider and is one of the few companies in India which is ISO 9001: 2008 certified in this segment.\n\n\n \nIndia has devoted substantial resources to the water supply and sanitation sector, significantly increasing its commitment since 1980 with the launch of the International Drinking Water Supply and Sanitation Decade. Today, investment in the drinking water sector constitutes about 3% of the national budget. As a result of this investment, 85% of the urban and over 50% of the rural populations have access to public water supplies. \n\n\n \nDeclining water quality and quantity and rising water demands are national concerns. Local groundwater levels have been recorded 1200 feet below the surface and are predicted to continue to drop. Furthermore, residents in 22 out of 32 major Indian cities deal with daily water shortages. To address the water scarcity problem, the government has adopted many measures to curb wastage, with water rationing becoming more prevalent. However, there appears to be considerable opportunity to apply innovative solutions to address this problem. \n\n\n \nHistorically, in India where requirements for water recycling and reuse are substantial, reverse osmosis (RO) has been adopted as the primary technology to address the common issue of high concentrations of dissolved solids in the water. However, RO has low recovery with wastage of 50-90% common in many small water treatment plants. ENPAR's goal is to work with Fontus Water to provide CDI-based technological solutions as an alternative with water recove...