Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Va Tech Wabag has secured an order from RenewSys India (RenewSys) to deliver comprehensive water management solutions for its 2 GW solar cell manufacturing facility in Hyderabad, Telangana. The scope of work includes the design, engineering, manufacturing, supply, installation and commissioning of an Ultrapure Water (UPW) system, Effluent Treatment Plant (ETP), and a Zero Liquid Discharge (‘ZLD') system, to be executed within a period of 11 months.
This order, worth Rs 46.50 crore is strategically significant for WABAG as it marks a strong foothold in the solar manufacturing sector, reinforcing its capabilities across UPW, ETP, and ZLD segments. It also positions WABAG to capitalize on future opportunities in Solar, Green Hydrogen, Semi-Conductor and other high-growth industrial applications.
The company said the order is strategically significant as it strengthens Wabag’s presence in the solar manufacturing sector and reinforces its capabilities in UPW, ETP, and ZLD technologies. It also aligns Wabag with future opportunities in solar, green hydrogen, semiconductor, and other fast-growing industrial applications.
Commenting on this order win, V. Sivakumar, General Manager - Sales & Marketing, India Cluster said, “This order marks WABAG’s foray into delivering comprehensive water management solutions for Solar Cell facilities, one of the high growth segments for the future. The project is well aligned with our strategy to diversify into water management for high growth industrial applications like Solar, Green Hydrogen and Semi-Conductors. WABAG’s technological expertise, proven track record and competitive pricing enabled us to offer lowest life-cycle cost. We express our sincere gratitude to RenewSys for their trust and confidence in WABAG.”
Va Tech Wabag is engaged in the business of the water treatment field. Its principal activities include design, supply, installation, construction, and operational management of drinking water, wastewater treatment, industrial water treatment, and desalination plants.
The company’s consolidated net profit jumped 19.6% to Rs 65.80 crore on 17.2% increase in net sales to Rs 734 crore in Q1 FY26 over Q1 FY25.
Va Tech Wabag secured a repeat order worth about 5.12 Million Bahraini Dinars (approximate Rs 118 crore) from the Ministry of Works, Municipalities Affairs and Urban Planning (MoW) in the Kingdom of Bahrain towards Operation and Maintenance (O&M) of 40 MLD Madinat Salman Sewage Treatment Plant (STP) and Long Sea Outfall for a period of 5 years.
WABAG was earlier awarded the Engineering, Procurement and Construction (EPC) of the 40 MLD STP and Long Sea Outfall in October 2015 by the Ministry of Housing, Kingdom of Bahrain. The Project was successfully completed in 2018, post which WABAG has been operating and maintaining this plant since 1st November 2018 till date.
The STP is equipped with tertiary treatment and sludge treatment using aerobic digestion and thermal drying. An automatic bagging plant is provided to pack the EPA Class A Sludge from dryers for commercial sales. The treated water is reused and caters to the entire irrigation water requirements of 13 islands.
WABAG was previously awarded the Engineering, Procurement, and Construction (EPC) contract for the same 40 MLD STP and Long Sea Outfall in October 2015 by the Ministry of Housing, Kingdom of Bahrain. The project was successfully completed in 2018, after which WABAG has been operating and maintaining the plant since 1 November 2018.
The STP is equipped with tertiary treatment and sludge treatment systems using aerobic digestion and thermal drying. An automatic bagging plant has been provided to pack EPA Class A sludge from the dryers for commercial sale. The treated water is reused entirely and caters to the irrigation needs of 13 islands.
The scrip shed 0.40% to Rs 1,604.70 on the BSE.
Consequent to this allotment, the paid-up equity share capital of the Company stands increased to Rs 12,45,12,372/- (consisting of 6,22,56,186 equity shares of face value of Rs 2/- each) from Rs 12,44,31,306/- (consisting of 6,22,15,653 equity shares of face value of Rs 2/- each).