The Sonari Bagan area network will supply round-the-clock water to around 60,000 residents in 16 localities.
Jusco general manager (water management) GS Basu said the company spent around Rs 9 crore last year on building a water tower and a main supply line, among the other things that will support the network.
The network, which will distribute around 10 million litres of potable water a day on completion in six months' time, is to cost Jusco around Rs 12 crore.
The company will in turn charge the consumer Rs 14,750 a connection, which includes a one-time payment for the water meter. Those not interested in purchasing the meter straightaway can pay Rs 12,250 as connection charges and Rs 50 as rental for the instrument, apart from a nominal maintenance cost.
A monthly water tariff is to be paid by the consumer according to rates fixed by the utilities company (the amount of water consumed will show up on the meter).
Jusco managing director Sanjiv Paul told FE the company has participated in the bidding for water supply to the mango area of the city under the Mango Notified Area Committee (MNAC).
Jusco, which recently won an Asian Development Bank-funded potable water project for Gwalior Municipal Corp, has already won similar contracts from civic bodies in Indore, Bhopal (Madhya Pradesh), Muzaffarpur town (Bihar), Haldia and Kolkata (West Bengal).