VA Tech WABAG secures contract for water treatment plant
pre-market1 source ↓written by the desknot a recommendation
- in Kathmandu
- 255 MLD water treatment plant
- be completed
- 36 months
VA Tech WABAG has been awarded a contract valued between USD 30 million and USD 75 million by Nepal's Melamchi Water Supply Development Board. This project involves constructing a 255 MLD water treatment plant in Kathmandu, funded by the Asian Development Bank. The facility will enhance the region's water supply and is expected to be completed in 36 months.
This contract strengthens VA Tech WABAG's position in Nepal's drinking-water sector, potentially boosting investor sentiment and market performance.
Not investment advice. For informational purposes only.