VA Tech Wabag Secures ₹100–250 Crore ETP Order from Reliance

VA Tech Wabag has bagged a domestic "Medium" order valued between ₹100 crore and ₹250 crore from Reliance Industries Limited (RIL) to design, engineer, and commission an advanced Effluent Treatment Plant (ETP) at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat. Key Highlights: Project Scope & Timeline: The 13-month project will deploy advanced chemical and biological treatment processes alongside low-temperature sludge drying systems. Record Backlog: This win adds to Wabag’s all-time high outstanding order book of approximately ₹19,400 crore (as of June 30, 2026). Strong Financial Backdrop: The order follows a robust Q1 FY27, where the company reported consolidated revenue of ₹886.8 crore. Strategic Rationale: Deepening Client Ties: This contract reinforces a multi-decade partnership with RIL, dating back to Wabag’s first major project in Jamnagar in 1996–1997, showcasing strong client retention. Technology Diversification: The project marks a strategic shift from previous desalination-focused repeat orders to complex, advanced biological and chemical effluent treatment applications tailored for green energy infrastructure. Outlook: This repeat order validates VA Tech Wabag’s technical execution capabilities and solidifies its position as a preferred partner for industrial water management. The 13-month execution timeline provides steady, near-term revenue visibility, perfectly aligning with the company’s asset-light, technology-driven EPC and high-margin O&M business model.