VA Tech Wabag gets Rs 325 cr Orissa project
The scope of the project awarded to VA Tech Wabag includes construction of sewage treatment plants and pumping stations and their operation and maintenance in Bhubaneswar and Cuttack.
June 25, 2013 / 13:55 IST
Moneycontrol Bureau
Chennai-based VA Tech Wabag has won an Rs 325 crore order from Orissa Water Supply and Sewerage Board, which the company said is the first and the largest municipal waste water package from eastern India.The project includes construction of sewage treatment plants and pumping stations in Bhubaneswar sewerage districts VI and Cuttack sewerage district I, II, with operations and maintenance for 7 years, Wabag said on Tuesday.Three independent sewage treatment plants are planned at Bhubaneswar and Cuttack, aggregating to 100 million litre per day of treatment capacity and there is a provision for future expansion for producing bio-gas from sewage to make the plants self-sufficient in terms of power, it added.VA Tech Wabag had last week won Rs 262 crore order in joint venture with Pratibha Industries to construct a water treatment plant in Sundarijal in Nepal.At 10:00 hrs, VA Tech Wabag was trading at Rs 463, up 0.3 percent on NSE.Also Read: Chinese shares sink to lowest levels since early 2009 Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
