VA Tech WABAG bags orders worth Rs 1,477 crore

 

CHENNAI, June 19: Water treatment player VA Tech

WABAG Ltd Wednesday said it has bagged Rs 1,477 crore worth

orders for taking up operation and maintenance of sewage

treatment plants in Agra and Ghaziabad.

The city-based company said the award from the ‘State

Mission for Clean Ganga-Uttar Pradesh’ comprises operation and

maintenance of 22 sewage treatment plants, 22 pumping stations

and underground network of over 3,000 kms in the two cities.

The duration of the project would be for 10 years

initially, which can be extended to additional five years.

WABAG shall also improve, rehabilitate and upgrade

facilities related to systems, structures and equipment

associated with the sewage treatment plants and underground

collection systems, a company statement said here.

“This is a proud moment for WABAG as we have been

recognised as a competent technology partner for providing

long-term sustainable solutions by the Government through the

One City-One Operator model”, India Cluster-CEO, Pankaj

Sachdeva said.

“Such long-term orders provide annuity income, which

helps us with improved cash flow and better revenue

predictability,” he said.

VA Tech WABAG Ltd, Chief Business Officer, Mohamed Shaffi

said the contract would ensure treatment of over 650 MLD

in both cities of Agra and Ghaziabad, adhering to national

treatment standards, thus providing a cleaner and healthier

eco-system.

“WABAG is proud to play a significant part in the

rejuvenation of river Yamuna, as this will ensure treatment of

over 80 per cent of sewage generated in both the cities”, he

said. (PTI)