VA Tech Wabag Limited — Important, 13-03-2025: General Updates

VA TECH WABAG has secured a significant order worth approximately INR 360 Crores, which includes a Zero Liquid Discharge (ZLD) Design, Build, Operate (DBO) contract from GAIL for a petrochemical complex in Uttar Pradesh and an Operations & Maintenance (O&M) contract valued around INR 20 Crores from IOCL for its TTRO plant in Panipat. The GAIL project involves the establishment of a 450 cum/hr effluent recycle plant and is set for completion within 24 months, followed by a 6-month O&M phase. The repeat order from IOCL highlights the long-standing trust built over years of collaboration, marking a robust position for WABAG in the industrial water treatment sector. Potential growth is anticipated as these projects reinforce WABAG's reputation for technical expertise in oil and gas.