Preheat oven to 350 degrees F (175 degrees C). Grease and flour three 1 pound size coffee cans, or three 9×5 inch loaf pans.
In a large bowl, combine sugar, pumpkin, oil, water, and eggs.Beat until smooth.Blend in flour, cinnamon, nutmeg, baking soda, and salt.Fold in chocolate chips and nuts. Fill cans 1/2 to 3/4 full.
Bake for 1 hour, or until an inserted knife comes out clean.Cool on wire racks before removing from cans or pans.
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