VA Tech Wabag secures ₹1,000 crore order in Chennai
pre-market1 source ↓written by the desknot a recommendation
- after securing
- 3%
- tertiary treatment reverse
- 45 MLD
- total value exceeding
- ₹1,000 crore
- treatment capacity
- 18 months
Shares of VA Tech Wabag Ltd. rose 3% after securing a mega order from the Chennai Metropolitan Water Supply and Sewerage Board. The contract involves refurbishing a 45 MLD tertiary treatment reverse osmosis plant in Kodungaiyur, with a total value exceeding ₹1,000 crore. The project is expected to enhance wastewater treatment capacity within 18 months.
This development is significant for traders as it reflects strong demand for infrastructure projects and could boost the company's revenue stream.
Not investment advice. For informational purposes only.