Share of VA Tech Wabag Ltd was buying and selling within the inexperienced throughout the early buying and selling hours on 28 July after the Bangalore Water Provide and Sewerage Board awarded them a Rs 380 crore contract.
In its regulatory submitting, the corporate mentioned. “The corporate secured a design, construct, function (DBO) order value about Rs 380 crore from the Bangalore Water Provide and Sewerage Board (BWSSB) in direction of design, engineering, building and commissioning (EPC) of Wastewater Therapy Vegetation (WWTPs) with tertiary therapy facility, biogas technology, photo voltaic sludge drying beds and intermediate pumping stations together with related piping works, scheduled to be accomplished over 30 months, adopted by 10 years of operation and upkeep (O&M).”
These trendy WWTPs are put in at 4 websites in Bommanahalli as a part of the Karnataka Water Safety and Catastrophe Resilience program.
The Saudi Water Authority (SWA) awarded the corporate a 300 million litres per day (MLD) seawater reverse osmosis (SWRO) mega desalination plant at Yanbu within the Kingdom of Saudi Arabia on 24 July for roughly USD 272 million (SAR 1,019 million / Rs 2,332 crore), in accordance with a press launch.
This venture contains the design, engineering, provide, building, and commissioning of a 300 MLD mega desalination plant, which might be constructed on a greenfield website alongside Saudi Arabia’s west coast.
On 9 December 2024 and 28 January 2025, the share reached a 52-week excessive of Rs 1,943.95 and a low of Rs 1,109.35.
Nonetheless, at 11:37 am, the shares of VA Tech Wabag shed all their early beneficial properties and have been buying and selling 1.20% decrease at Rs 1,604.50 on NSE.
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