What's Happening?
VA TECH WABAG has been awarded a contract worth INR 46.50 crore by RenewSys India to provide comprehensive water management solutions for its upcoming 2 GW solar cell manufacturing facility in Hyderabad, Telangana. The scope of the project includes the design, engineering, manufacturing, supply, installation, and commissioning of an Ultrapure Water (UPW) system, Effluent Treatment Plant (ETP), and a Zero Liquid Discharge (ZLD) system. This strategic order is significant for WABAG as it strengthens its position in the solar manufacturing sector and enhances its capabilities across various segments, including UPW, ETP, and ZLD.
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Why It's Important?
The contract is crucial for WABAG as it marks a significant entry into the solar manufacturing industry, which is poised for growth due to increasing demand for renewable energy solutions. By securing this order, WABAG positions itself to capitalize on future opportunities in high-growth sectors such as solar, green hydrogen, and semiconductors. The implementation of advanced water management systems at the RenewSys facility will ensure sustainable operations, aligning with global environmental standards and supporting India's renewable energy goals.
What's Next?
The project is expected to be completed within 11 months, during which WABAG will focus on executing the water management systems efficiently. As the solar industry continues to expand, WABAG may seek further opportunities to provide similar solutions to other facilities, potentially leading to more contracts and collaborations in the renewable energy sector.
