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VA Tech Wabag has secured a ‘large’ domestic order from Bharat Petroleum Corporation Limited (BPCL) to set up advanced industrial water treatment facilities at the latter's Bina Refinery and Petrochemical Expansion Project in Madhya Pradesh, the company said on Tuesday, January 13.
In an exchange filing, the water technology major said the order falls in the ₹250–₹600 crore category and involves a comprehensive Water Block Package, including a Raw Water Treatment Plant (RWTP), a Reverse Osmosis-based Demineralisation Plant (RODMP) and a Zero Liquid Discharge Plant (ZLDP).
The company said that the "state-of-the-art project" will be executed on an EPC basis, covering design, engineering, procurement, construction, installation, testing and commissioning. The project is to be completed over a 22-month period.
S Natrajan, Head – Sales & Marketing, India Cluster ensured commitment to highest standards of quality, reliability, and operational performance and said, "This award further reinforces Wabag’s leadership position in the Oil & Gas sector and underscores our strong track record in delivering complex, technology-intensive water projects. We remain fully committed to executing this state-of-the-art project to the highest standards of quality, reliability, and operational performance.”
Last month, the company bagged a repeat 'large' order from the Saudi Water Authority for the for the advanced technology brackish water reserve osmosis (BWRO) plant with a capacity of 50 million liter per day at Aljouf in Saudi Arabia.
Earlier in December, The Saudi Water Partnership Company declared VA Tech Wabag as the preferred bidder as part of a consortium for the Hadda Independent Sewage Treatment Plant (ISTP) project in Saudi Arabia, a large EPC contract involving the development of a major wastewater treatment facility to be developed under a 25-year build, operate and transfer model by the developer consortium.
Shares of VA Tech Wabag opened 3.1% higher at ₹1210.20 on Tuesday, following the early "Large" order win announcement. The stock has since come down and was trading 1,196.40 as of 10.19 am.
Also Read: Zydus Life’s US arm gets FDA nod for first-ever Menkes disease treatment
In an exchange filing, the water technology major said the order falls in the ₹250–₹600 crore category and involves a comprehensive Water Block Package, including a Raw Water Treatment Plant (RWTP), a Reverse Osmosis-based Demineralisation Plant (RODMP) and a Zero Liquid Discharge Plant (ZLDP).
The company said that the "state-of-the-art project" will be executed on an EPC basis, covering design, engineering, procurement, construction, installation, testing and commissioning. The project is to be completed over a 22-month period.
S Natrajan, Head – Sales & Marketing, India Cluster ensured commitment to highest standards of quality, reliability, and operational performance and said, "This award further reinforces Wabag’s leadership position in the Oil & Gas sector and underscores our strong track record in delivering complex, technology-intensive water projects. We remain fully committed to executing this state-of-the-art project to the highest standards of quality, reliability, and operational performance.”
Last month, the company bagged a repeat 'large' order from the Saudi Water Authority for the for the advanced technology brackish water reserve osmosis (BWRO) plant with a capacity of 50 million liter per day at Aljouf in Saudi Arabia.
Earlier in December, The Saudi Water Partnership Company declared VA Tech Wabag as the preferred bidder as part of a consortium for the Hadda Independent Sewage Treatment Plant (ISTP) project in Saudi Arabia, a large EPC contract involving the development of a major wastewater treatment facility to be developed under a 25-year build, operate and transfer model by the developer consortium.
Shares of VA Tech Wabag opened 3.1% higher at ₹1210.20 on Tuesday, following the early "Large" order win announcement. The stock has since come down and was trading 1,196.40 as of 10.19 am.
Also Read: Zydus Life’s US arm gets FDA nod for first-ever Menkes disease treatment
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