VA Tech Wabag Consortium Bags Order for Sewage Biorefinery Plant in UAE
A consortium led by VA Tech Wabag (NSE:WABAG, BOM:533269) has secured a "large" order, valued between 2.50 billion Indian rupees and 6.0 billion rupees, from Ajman Sewerage, according to a Monday filing to the Indian stock exchanges.The company's shares were up over 2% in early trade on Tuesday.The design and build contract for the proposed third phase of the Ajman Sewage Biorefinery Plant in the UAE.The project includes the design, engineering, procurement, and construction of a 60 million liters per day sewage treatment plant. The scope of work also includes inlet works, primary and secondary treatment systems, and comprehensive sludge management facilities comprising digesters, gas holders, scrubbers, and power generation systems.It is scheduled to be executed over 24 months.
