VA Tech Wabag | Business Upturn

VA Tech Wabag shares in focus today as company likely to bag Rs 600 crore STP order from Saudi Arabia

Aman Shukla — Thu, 16 Apr 2026 04:44:39 +0000

Shares of VA Tech Wabag are expected to remain in focus after the company reportedly emerged as the lowest bidder for major international sewage treatment projects, signalling a potential boost to its future growth pipeline. As of 10:13 AM, the shares were trading 1.76% higher at Rs 1,397.60.

According to sources quoted by CNBC-TV18, the company is the lowest bidder for a Sewage Treatment Plant (STP) contract worth over ₹600 crore in Saudi Arabia. In addition, VA Tech Wabag has also secured the lowest bidder position for a significantly larger project in Kuwait, valued at around ₹3,400 crore, through a joint venture with a US-based company.

#JustIn | Sources On #VATechWabag: Co lowest bidder for STP contract of over ₹600 cr in Saudi Arabia

🚩Alert: #STP is Sewage Treatment Plant

▶️VA Tech also lowest bidder in Kuwait worth ₹3,400 cr in a JV with US Co

🚩Alert: CNBC-TV18 has reached out to VA Tech Wabag,… pic.twitter.com/1SBLHTILuy

— CNBC-TV18 (@CNBCTV18Live) April 16, 2026

These developments underline the company’s strengthening presence in the Middle East, a region that continues to invest heavily in water infrastructure due to rising demand and limited freshwater resources. Sewage Treatment Plants play a critical role in wastewater recycling and environmental sustainability, making such projects strategically important for governments in the region.

The Kuwait project, given its large size, could be particularly impactful for VA Tech Wabag if it converts into a confirmed order. Large-scale EPC contracts typically offer multi-year revenue visibility and can significantly enhance execution scale and operating leverage.

The company had reported a robust order book of ₹16,300 crore at the end of Q3, providing strong revenue visibility. If these new bids are converted into firm orders, they could further strengthen the order pipeline and support long-term growth.

However, it is important to note that both projects are currently at the lowest bidder stage, and final contract awards are yet to be confirmed.

WABAG secures large EIB-funded wastewater treatment project in Georgia

Yash Agarwal — Fri, 20 Mar 2026 02:57:59 +0000

VA Tech Wabag, a prominent multinational water technology group, has been awarded a significant contract by United Water Supply Company of Georgia LLC. The contract involves the construction of a 19 Million Litres Per Day (MLD) wastewater treatment plant (WWTP) in Kutaisi, Georgia, funded by the European Investment Bank (EIB). The project is designed for future expansion to a capacity of 56 MLD.

The engineering, procurement, and construction (EPC) scope of the project includes the demolition of the existing plant, construction of the new WWTP, and installation of an effluent pipeline to the river. As the consortium leader, WABAG will handle the design, engineering, supply, installation, and commissioning of the treatment systems. Additionally, they will provide training to client personnel and supervise operation and maintenance for 12 months.

The plant will feature advanced mechanical and biological treatment with nutrient removal based on the activated sludge process, along with final sedimentation and UV disinfection. The project also includes sludge treatment facilities, solar sludge drying systems, odour control systems, and associated pumping infrastructure. This order marks WABAG’s entry into the CIS region and the Georgian market, further solidifying its position as a trusted partner in delivering sustainable and innovative water management solutions globally.

Commenting on the development, Mahmut Gedek, Chief Executive Officer – Europe Cluster, expressed pride in securing the Kutaisi WWTP contract, marking WABAG’s entry into Georgia. He thanked the customer for their trust and emphasised the project’s technical robustness and commercial competitiveness, ensuring safe discharge into the River Rioni and sustainable sludge management. The project is expected to bring lasting environmental, health, and social benefits to the residents of Kutaisi.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

VA Tech Wabag secures mega order to build Chennai’s city-wide water grid

Business Desk — Sat, 14 Mar 2026 02:50:24 +0000

VA Tech Wabag has secured a significant order from the Chennai Metropolitan Water Supply and Sewerage Board to develop a looped transmission network for Greater Chennai City. The project, funded by the Asian Development Bank, aims to establish a city-wide water grid platform.

The project will address Chennai’s challenges of water scarcity and uneven distribution by creating a ring main system that strengthens the city’s bulk water transmission network. This system will interconnect existing and new infrastructure, enhancing water flow management and resilience to supply disruptions. The project includes developing transmission pipelines, pumping stations, and integrating with a central SCADA system. It is set to be completed in 54 months, followed by a decade of operation and maintenance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

VA Tech Wabag secures mega PPP order for 45 MLD TTRO plant in Chennai

Business Desk — Thu, 12 Mar 2026 02:57:08 +0000

VA Tech Wabag has secured a significant Public-Private Partnership (PPP) contract from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) for a 45 Million Litres per Day (MLD) Tertiary Treatment Reverse Osmosis (TTRO) Plant in Chennai.

The project involves the refurbishment, finance, operation, maintenance, and transfer of the TTRO facility at Kodungaiyur, originally developed by CMWSSB in 2019. Wabag will upgrade the facility to restore its full treatment capacity within 18 months and subsequently operate and maintain it for 18.5 years. This initiative aims to supply high-quality treated wastewater to industries in the Manali–Ennore and Manali–Minjur industrial corridors.

Wabag’s existing operations include a 45 MLD TTRO facility at Koyambedu, Chennai, and a 40 MLD facility in Ghaziabad, both supporting sustainable industrial water reuse. The new contract reinforces Wabag’s leadership in water recycling and reuse solutions, contributing to Chennai’s circular water economy.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

VA Tech Wabag shares jump over 3% after securing large BPCL water treatment order

Aman Shukla — Tue, 13 Jan 2026 03:45:41 +0000

Shares of VA Tech Wabag Limited moved over 3% higher in Tuesday’s trading session after the company announced that it has secured a large domestic order from **Bharat Petroleum Corporation Limited (BPCL). The order has been awarded for setting up industrial water treatment facilities at BPCL’s Bina Petrochemical and Refinery Expansion Project in Madhya Pradesh.

In a regulatory filing made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, VA Tech Wabag stated that the contract covers the execution of a comprehensive water block package for the Bina refinery. The scope of work includes the development of a Raw Water Treatment Plant (RWTP), a Reverse Osmosis-based Demineralisation Plant (RODMP), and a Zero Liquid Discharge Plant (ZLDP), all of which are critical infrastructure components for large-scale refinery operations.

The company will be responsible for the complete EPC cycle of the project, covering design, detailed engineering, procurement, construction, installation, testing, and commissioning of the facilities. According to the filing, the project is scheduled to be executed over a period of 22 months.

Although VA Tech Wabag did not disclose the exact contract value, it classified the order as a “large” one. As per the company’s internal classification for domestic projects, a large order typically falls within the range of ₹250 crore to ₹600 crore. This indicates a meaningful addition to the company’s domestic order book and reinforces its presence in the refinery and petrochemical water management segment.

VA Tech Wabag wins EPC order worth USD 30–75 million for 50 MLD BWRO plant from Saudi Water Authority

Aman Shukla — Mon, 29 Dec 2025 03:07:06 +0000

VA Tech Wabag has secured a large repeat order from Saudi Water Authority for the Engineering, Procurement and Construction (EPC) of an advanced technology Brackish Water Reverse Osmosis (BWRO) plant with a capacity of 50 million litres per day (MLD) at Aljouf in the Saudi Arabia. According to WABAG’s order classification, the project falls under the ‘Large’ category for international orders, which typically range between USD 30 million and USD 75 million.

The Letter of Award marks another significant international win for WABAG and further strengthens its long-standing relationship with the Saudi Water Authority. As per the company, the project will be executed over a period of 14 months using state-of-the-art water treatment technology to ensure a reliable and sustainable water supply for the region.

Under the scope of work, WABAG will design, supply, construct and commission the 50 MLD BWRO facility. The plant will treat raw water sourced from bore well fields that contain rare elements, making advanced and robust pre-treatment essential. To address this, the project will deploy ceramic membrane technology, followed by micron cartridge filtration and reverse osmosis. This multi-layered treatment approach is aimed at ensuring long-term operational reliability, high performance, and consistent water quality.

The company confirmed that it has already received the Letter of Award and that contracting formalities will now commence. The effective date for the start of project execution will be announced after the formal signing of the contract.

VA Tech Wabag emerges preferred bidder for Hadda ISTP project in Saudi Arabia

Aman Shukla — Wed, 24 Dec 2025 03:15:37 +0000

VA Tech Wabag, a global player in water and wastewater treatment solutions, has achieved a significant milestone after a developer consortium was declared the preferred bidder for the Hadda Independent Sewage Treatment Plant (ISTP) project in the Kingdom of Saudi Arabia. As part of this development, Wabag has been named the preferred Engineering, Procurement and Construction (EPC) partner for the project.

The developer consortium includes Metito Utilities Limited, Etihad Water and Electricity Company PJSC, and SkyBridge Limited Company. The consortium was selected by the Saudi Water Partnership Company (SWPC), which oversees public-private partnership projects in the water sector across Saudi Arabia.

The Hadda Independent Sewage Treatment Plant will be developed under a 25-year Build, Own, Operate and Transfer (BOOT) model. Under the proposed scope, Wabag will be responsible for the complete EPC execution, covering design, engineering, procurement, and construction of the treatment facilities.

The project will feature an initial sewage treatment capacity of 100,000 cubic metres per day, with provisions for future expansion up to 250,000 cubic metres per day. In addition to the core treatment plant, the scope includes an advanced treated sewage effluent (TSE) reuse system, a large-scale storage tank, and a 38-kilometre transmission pipeline designed to handle a throughput capacity of 350,000 cubic metres per day. These components are expected to support long-term wastewater management and water reuse objectives in the region.

VA Tech WABAG secures large DBO contract worth up to USD 75 million for 255 MLD Water Treatment Plant in Nepal

Aman Shukla — Thu, 20 Nov 2025 03:10:13 +0000

VA Tech WABAG has strengthened its global footprint once again by securing a significant repeat order from the Melamchi Water Supply Development Board (MWSDB) in Nepal. The new contract covers the Design, Build and Operate (DBO) development of the Sundarijal Water Treatment Plant, a large-scale project designed to deliver 255 million litres of clean drinking water per day to the Kathmandu Valley. The project is funded by the Asian Development Bank (ADB), reflecting its importance to the region’s long-term water security.

The scope includes full Engineering, Procurement and Construction over a period of 36 months, followed by five years of comprehensive Operation and Maintenance services. This structure highlights WABAG’s ability to deliver not just infrastructure, but long-term lifecycle support for essential water systems. The new plant will be built next to the existing Melamchi facility, which WABAG successfully executed in 2017. Once operational, it will process water sourced from the Melamchi, Yangri and Larke rivers, ensuring compliance with Nepal’s National Drinking Water Quality Standards.

This project arrives at a critical moment for Kathmandu, where rising demand and rapid urban expansion continue to put pressure on existing water resources. The large order category indicates an estimated project value between USD 30 million and USD 75 million, underscoring the scale and importance of the undertaking.

VA Tech Wabag wins order worth Rs 118 crore from Bahrain’s Ministry of Works for O&M of 40 MLD sewage treatment plant

Aman Shukla — Tue, 19 Aug 2025 02:58:59 +0000

VA Tech Wabag Ltd (WABAG), a leading Indian multinational in water technology, has secured a repeat order worth around 5.12 million Bahraini Dinars (approximately ₹118 crore) from the Ministry of Works, Municipalities Affairs and Urban Planning (MoW), Kingdom of Bahrain.

The contract covers the operation and maintenance (O&M) of the 40 MLD Madinat Salman Sewage Treatment Plant (STP) and Long Sea Outfall for a period of five years.

WABAG had earlier executed the Engineering, Procurement and Construction (EPC) contract for the same 40 MLD STP and Long Sea Outfall, awarded in October 2015 by the Ministry of Housing, Kingdom of Bahrain. The project was completed in 2018, after which WABAG has been operating and maintaining the facility continuously since November 1, 2018.

The Madinat Salman STP is a state-of-the-art facility equipped with tertiary treatment and advanced sludge management using aerobic digestion and thermal drying technology. It also includes an automatic bagging plant to pack EPA Class A sludge from dryers for commercial sales. The treated water from the plant is reused and meets the complete irrigation requirements of 13 islands in Bahrain.

With this repeat order, WABAG continues to strengthen its presence in the Middle East by delivering sustainable water management and wastewater recycling solutions that support long-term environmental goals.

VA Tech Wabag wins Rs 2,332 crore order for mega desalination plant in Saudi Arabia

Aman Shukla — Thu, 24 Jul 2025 02:56:48 +0000

VA Tech Wabag, a leading Indian multinational in the water technology space, has secured a major international order from the Saudi Water Authority (SWA) for a massive desalination project in Yanbu, Saudi Arabia.

Valued at approximately USD 272 million (SAR 1,019 million / ₹2,332 crore), the project involves the design, engineering, supply, construction, and commissioning of a 300 Million Litres per Day (MLD) Sea Water Reverse Osmosis (SWRO) mega desalination plant. This greenfield project will be developed along the Kingdom’s west coast and is expected to be executed over a 30-month timeline from the effective date, which will be confirmed after formal contract signing.

Wabag has received the Letter of Award and will now proceed with contract formalities. Once finalized, execution of the project will begin.

This is an international order and does not involve any related party transactions. Neither Wabag’s promoters nor group companies have any stake or interest in the awarding entity.

Rohan Mittal, Head of Strategy and Business Growth for GCC, stated, “We are immensely proud to have emerged successful in this prestigious project not just once, but twice. This repeat success underscores the strength of our technical competence, competitiveness and our deep-rooted capabilities in executing large and complex desalination projects. This prestigious project, aligns with and contributes to the ambitious goals of Saudi Vision 2030 and reinforces WABAG’s global leadership in the desalination sector.”

VA Tech Wabag Q3 FY25 results: Net profit rises 12.1% QoQ to Rs 70.2 Crore, revenue jumps 15.1% YoY

Matrika Shukla — Fri, 07 Feb 2025 11:42:50 +0000

VA Tech Wabag Limited, a leading multinational water technology company, has announced its Q3 FY25 financial results, showing strong revenue growth and continued profitability. The company reported a 13.2% year-on-year (YoY) increase in net profit, reinforcing its leadership in sustainable water management solutions.

Financial Highlights (9M FY25 – Consolidated)

Revenue from operations: ₹2,137.8 crore (up 11.2% YoY)
EBITDA: ₹289.4 crore (up 10.8% YoY)
Net profit: ₹195.8 crore (up 13.2% YoY)
Earnings per share (EPS): ₹31.48 (Basic), ₹31.04 (Diluted)
Net cash position: ₹262.5 crore (8th consecutive quarter of positive cash flow)

Standalone Performance (9M FY25)

Revenue from operations: ₹1,835.3 crore (up 5.6% YoY)
EBITDA: ₹263.9 crore (up 6.1% YoY)
Net profit: ₹172.3 crore (up 5.4% YoY)

Strategic Developments & Outlook

Credit Rating Upgrade: India Ratings & Research upgraded Wabag’s Long-Term Rating to “IND AA-” with a “Stable” Outlook, reaffirming its strong credit profile.
Robust Order Pipeline: The company continues to secure high-value water treatment projects globally, supporting its medium-term growth strategy.
Commitment to Sustainability: Wabag remains committed to water conservation, resource optimization, and wastewater recycling, aligning with United Nations Sustainable Development Goals (UNSDGs).

“We continued our profitable growth journey driven by steady execution and sustainable operating margins. Our commitment to financial discipline is reflected in our eighth consecutive quarter of net cash positivity. The robust order pipeline and our upgraded credit rating further solidify our strong outlook,” said Rajiv Mittal, Chairman & Managing Director, VA Tech Wabag Limited.

With over a century of expertise, Wabag is a global leader in water technology, providing end-to-end solutions for municipal and industrial water treatment. Operating in over 25 countries, Wabag has built 1,500+ water and wastewater treatment plants worldwide. The company’s vision focuses on sustainability, innovation, and ESG-driven water management solutions.

WABAG secures Rs 121 crore O&M contract for Industrial Wastewater Treatment Plant in Bahrain

Aman Shukla — Wed, 29 Jan 2025 03:08:21 +0000

VA TECH WABAG (‘WABAG’), a global leader in water technology, has further strengthened its footprint in the Middle East by securing a prestigious $14 million (~INR 121 crore) contract from BAPCO Refining B.S.C (BAPCO). This contract covers the operation and maintenance (O&M) of the Industrial Wastewater Treatment Plant (IWTP) in Bahrain for the next seven years.

The state-of-the-art IWTP processes 4,400 US gallons per minute (USGPM) of wastewater, utilizing advanced Membrane Bioreactor (MBR) technology. This ensures superior treatment efficiency, aligning with stringent environmental and industrial standards.

With this significant order, WABAG expands its O&M portfolio in Bahrain, reinforcing its commitment to delivering sustainable water solutions. Notably, the company has been successfully managing the 40 MLD Madinat Salman Sewage Treatment Plant in Bahrain since November 2018.

WABAG’s expertise in innovative water and wastewater treatment solutions continues to drive its leadership in the Middle East, ensuring environmental sustainability while meeting industrial demands.

Srinivasan K, General Manager – Middle East Regional Headquarters (RHQ), said, “We are extremely happy to secure this Industrial Wastewater treatment operations order in the Kingdom of Bahrain. We express our gratitude to BAPCO for their trust and confidence in WABAG. This order win is a testament to our technological excellence and our unwavering commitment to delivering world-class water solutions to the oil and gas sector globally.”

VA Tech Wabag becomes India’s first corporate office to achieve triple IGBC recognition

Aditya Bhagchandani — Wed, 08 Jan 2025 03:14:28 +0000

VA Tech Wabag Limited, a global water technology leader, has achieved a significant milestone by becoming India’s first operational corporate office to receive triple recognition from the Indian Green Building Council (IGBC). WABAG House, the company’s corporate headquarters, has been certified for IGBC Net-Zero Water, Near Net-Zero Energy, and Platinum Re-Certification, setting a benchmark in sustainability practices.

The IGBC Net-Zero Water certification recognizes WABAG House’s efforts in harvesting 100% of its rainwater, while also replenishing the environment with 2.7 times the water it consumes. The Near Net-Zero Energy certification highlights the office’s exemplary energy efficiency, achieving an Energy Performance Index (EPI) of under 80 kWh/sqm/year and sourcing 78% of its energy needs from renewable sources, with plans to transition to 100% renewable energy soon. The IGBC Platinum Re-Certification further cements its commitment to green building practices.

WABAG House is not only a symbol of corporate excellence but also a beacon of environmental sustainability, with a pledge to become “Zero Waste” by 2025 and “Zero Carbon” by 2028. These certifications align with the company’s long-term vision of innovation-driven sustainability.

In a special ceremony, Mr. Rajiv Mittal, Chairman and Managing Director of VA Tech Wabag, received the prestigious plaque from Mr. C. Shekar Reddy, National Vice Chairman of CII-IGBC. Both leaders emphasized the urgent need for sustainable transformation within the industry, with WABAG leading the way for other corporations to follow suit.

VA TECH WABAG bags Rs 145 crore desalination pipeline project from CPCL

Aman Shukla — Wed, 01 Jan 2025 03:06:22 +0000

VA TECH WABAG (‘WABAG’), a global leader in water technology, has won a significant order worth INR 145 crores from Chennai Petroleum Corporation Limited (CPCL). This project involves the design, engineering, supply, fabrication, installation, and commissioning of desalination water pipelines connecting CPCL’s Manali Refinery and its desalination plant in Kattupalli. The project is set for completion within 12 months, showcasing WABAG’s capability in delivering timely and efficient water solutions.

WABAG’s technically advanced and cost-effective bid played a crucial role in securing this order, further solidifying its leadership in the industrial water segment. With this project, WABAG reaffirms its commitment to sustainable and innovative water solutions for critical industries.

S Natrajan, Head-Sales & Marketing, India Cluster commented, “CPCL has been a Key Customer of Wabag and we are happy to be chosen to deliver this project. We thank CPCL for their continued trust and confidence reposed in WABAG.”

About VA TECH WABAG

With over 100 years of expertise, WABAG is a trusted name in municipal and industrial water solutions. Operating across 25+ countries, the company has successfully delivered over 1,500 water and wastewater treatment plants globally. WABAG’s team of 1,600+ professionals is dedicated to providing end-to-end water solutions, from design and engineering to installation and operational management.

As a pure-play Indian water technology multinational, WABAG combines innovation and sustainability to impact millions of lives worldwide. Whether it’s municipal or industrial projects, WABAG is a preferred partner for water treatment needs.

VA Tech Wabag shares surge 3% after Securing ₹700 Crore Water Project in Zambia

Aman Shukla — Fri, 27 Dec 2024 03:50:22 +0000

VA Tech Wabag’s stock rose 2% after the company secured a ₹700 crore water infrastructure project in Zambia. Awarded by Lusaka Water Supply and Sanitation Company (LWSC), the project is backed by the European Investment Bank (EIB) and Germany’s Kreditanstalt für Wiederaufbau (KfW).

The contract involves the construction of two advanced Wastewater Treatment Plants (WWTPs) in Ngwerere (54 MLD) and Chunga (19 MLD). The Engineering, Procurement, and Construction (EPC) phase will span 36 months, followed by a 24-month Operation & Maintenance (O&M) phase.

This milestone marks WABAG’s entry into Zambia, cementing its reputation as a global leader in water and wastewater solutions.

As of 9:17 a.m., VA Tech Wabag shares were trading 3.04% higher at Rs 1,634.25 on the NSE.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

VA Tech Wabag secures Rs 700 crore water project in Zambia

Aman Shukla — Fri, 27 Dec 2024 03:08:06 +0000

VA Tech Wabag (‘WABAG’), a leading global water technology company, has expanded its footprint in Africa with a prestigious €78 million Design, Build & Operate (DBO) order in Zambia. Awarded by Lusaka Water Supply and Sanitation Company (LWSC), the project is funded by the European Investment Bank (EIB) and Germany’s Kreditanstalt für Wiederaufbau (KfW). This marks WABAG’s entry into Zambia, cementing its role as a top water solutions provider in Africa.

The contract involves the construction of two advanced Wastewater Treatment Plants (WWTPs) in Ngwerere and Chunga, with capacities of 54 MLD and 19 MLD, respectively. The Engineering, Procurement, and Construction (EPC) phase will take 36 months, followed by 24 months of sustainable Operation & Maintenance (O&M).

A standout feature of the project is its focus on renewable energy, utilizing biogas and solar power to meet most energy needs. This aligns with Zambia’s push for sustainable infrastructure.

WABAG’s proven expertise in delivering cutting-edge water and wastewater solutions and its competitive bid were instrumental in securing the project. With this strategic win, WABAG continues to strengthen its leadership in Africa, contributing to the continent’s water and wastewater management goals.

Guhan Kandasamy, Head – Sales & Marketing (Africa), commented, “We extend our heartfelt gratitude to LWSC for their confidence in WABAG to deliver one of Zambia’s largest and most advanced sanitation projects in the recent decades. Through this project, WABAG is proud to contribute significantly to the Zambian government’s mission to enhance water and sanitation infrastructure, positively impacting countless lives.”

VA Tech Wabag shares rise 3% after securing ₹1,000 crore desalination project order

Aditya Bhagchandani — Wed, 16 Oct 2024 04:16:53 +0000

VA Tech WABAG Ltd, a prominent water treatment company, saw its shares increase by 2.87%, trading at ₹1,753.60 on the NSE after winning a major ₹1,000 crore contract from Indosol Solar Pvt Ltd. The project involves constructing a seawater desalination plant at Indosol’s manufacturing facility in Andhra Pradesh.

The desalination plant, with a capacity of 100 million liters per day, will support Indosol Solar’s 10GW solar manufacturing unit. The project is expected to be completed in 38 months, followed by a 15-year operation and maintenance agreement. This marks WABAG’s entry into the solar photovoltaic sector, highlighting the company’s expansion into new areas while showcasing its technological expertise.

Saravanan Krishnan, head of desalination at WABAG, expressed appreciation for Indosol’s trust in WABAG for this critical project, emphasizing the company’s commitment to providing cost-effective water solutions through advanced desalination technologies.