Sattva Engineering wins ₹123.9 crore BWSSB orders with 7-year O&M
Sattva Engineering Construction Limited has secured two contracts from Bangalore Water Supply and Sewerage Board (BWSSB) worth a combined ₹123.9 crore. The orders involve the design, construction, and commissioning of a 20 MLD STP at Koramangala and a 10 MLD STP at Basavanapura, both including a 7-year operation and maintenance period.
*this image is generated using AI for illustrative purposes only.
Sattva Engineering Construction Limited has secured two turnkey wastewater treatment infrastructure contracts from Bangalore Water Supply and Sewerage Board (BWSSB) with a combined order value of approximately ₹123.9 crore (excluding GST). The company received Letters of Acceptance (LoAs) for these projects on May 13, 2026, and submitted the press release to the exchange on May 14, 2026.
Contract Overview
The projects involve the design, construction, commissioning, and long-term operation of sewage treatment facilities in Bengaluru. The first project is located in Koramangala, while the second is situated in Basavanapura. Both contracts are domestic in nature and do not involve related party transactions. The promoter group has no interest in the awarding entity.
Key Contract Details
The following table summarises the key parameters of the awarded contracts:
| Parameter: | Koramangala STP | Basavanapura STP |
|---|---|---|
| Awarding Entity: | Bangalore Water Supply and Sewerage Board (BWSSB) | Bangalore Water Supply and Sewerage Board (BWSSB) |
| Contract Value: | ₹76,11,09,000 | ₹47.8 crores |
| STP Capacity: | 20 MLD | 10 MLD |
| Technology: | IFAS with BNR | Sequential Batch Reactor (SBR) with BNR |
| Contract Type: | Turnkey (Domestic) | Turnkey (Domestic) |
| Construction Period: | 30 Months | 30 Months |
| Operation & Maintenance Period: | 7 Years | 7 Years |
Project Scope and Execution Timeline
The contract encompasses the complete design, construction, and commissioning of the sewage treatment plants, followed by an Operation and Maintenance phase. The construction phase is to be executed within 30 months for both projects, after which the company will undertake Operation and Maintenance for 7 years. The Koramangala project incorporates Integrated Fixed-Film Activated Sludge (IFAS) with Biological Nutrient Removal (BNR), while the Basavanapura project utilizes Sequential Batch Reactor (SBR) technology. Both facilities include Tertiary Treatment and odour control units.
Regulatory Disclosure
The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission was signed by Laxmikanth Tangudu, Company Secretary cum Compliance Officer, on behalf of Sattva Engineering Construction Limited.
Historical Stock Returns for Sattva Engineering Construction
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -3.27% | -12.39% | -7.37% | -37.71% | -37.71% |
How might Sattva Engineering Construction's expanding BWSSB order book position it to compete for larger municipal wastewater contracts under India's AMRUT 2.0 and Smart Cities Mission programmes?
Given the 7-year O&M component embedded in both contracts, what proportion of Sattva's total revenue could recurring maintenance contracts contribute over the next three to five years?
With Bengaluru's chronic water infrastructure challenges, are there additional STP or water supply tenders expected from BWSSB in the near term that Sattva could be well-placed to bid for?
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