VA TECH WABAG RECEIVES REPEAT ORDER FROM RELIANCE

Water technology company

has secured repeat order from Reliance Industries Ltd towards design, engineering, manufacturing, supply, erection & commissioning of Effluent Treatment Plant (ETP) at Jamnagar. The proposed project is scheduled to be completed in 13 months and will be designed comprising chemical and biological treatment using the state-of the art technologies, along with a sludge treatment incorporating low-temperature drying for efficient sludge management. In August, the company signed the contract for the Doha SWRO Desalination Plant with Recarbonation System – Stage II in Kuwait and this mega project represented WABAG's first project in Kuwait. In July, the company announced a major order win from the Bangalore Water Supply and Sewerage Board (BWSSB) for the development of two energy-efficient wastewater treatment facilities in Bengaluru. The company has seen a profit growth of 93% CAGR over the past 3 years, and with such new orders on hand, the profits are expected to further grow in the coming quarters.