VA Tech Wabag signs JV agreement with Zawawi Trading

VA Tech Wabag has signed JV agreement with Zawawi Trading to tap the operation and maintenance business in the water space in Oman.

January 17, 2011 / 15:21 IST

Va Tech Wabag Limited has informed the Exchange that "Va Tech Wabag has signed a JV agreement with Zawawi Trading Company LLC (ZTC), well known business group in Sultanate of Oman to tap the Operation and Maintenance business in the water space in Oman. Va Tech Wabag is floating a subsidiary company in Oman with 30% shareholding from the JV partner. The JV company would target contracts for Operation and Maintenance of water and waste water treatment plants, sewerage and water networks, pumping stations, etc."

Source : BSE

first published: Jan 17, 2011 03:21 pm

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