NewsSattva Engineering Construction Receives ₹76,11,09,000 Contract from Bangalore Water Supply and Sewerage Board for 20 MLD STP Project at KoramangalaSattva Engineering Construction Receives ₹76,11,09,000 Contract from Bangalore Water Supply and Sewerage Board for 20 MLD STP Project at Koramangala
Sattva Engineering Construction Limited received a Letter of Acceptance of Tender from Bangalore Water Supply and Sewerage Board on May 13, 2026, for a contract valued at Rs 76,11,09,000 (excluding GST @ 18%). The project involves the design, construction, commissioning, and operation and maintenance of a 20 MLD Sewage Treatment Plant based on IFAS technology with BNR, Tertiary Treatment, and odour control units at Koramangala, under a turnkey arrangement. The construction phase is scheduled for completion within 30 months, followed by a 7-year Operation and Maintenance period. The contract is domestic in nature and does not involve any related party transactions or promoter interest in the awarding entity.
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Sattva Engineering Construction Limited has secured a significant infrastructure contract from Bangalore Water Supply and Sewerage Board (BWSSB), receiving the Letter of Acceptance of Tender (LoA) on May 13, 2026. The contract was awarded by hand at 5:47 p.m. on May 13, 2026, referencing IFT No. BWSSB/CE(UWP)/(DCE(WWM-E&W)/TA-1/306/2025-26 dated 12.01.2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Contract Overview
The project involves the design, construction, commissioning, and long-term operation of a sewage treatment facility in Koramangala, Bengaluru. The full project description is: "Work of Design, construction, commissioning of 20 MLD STP based on Integrated Fixed-Film Activated Sludge (IFAS) with BNR, with Tertiary Treatment and odour control units at Koramangala including Operation and Maintenance of 7 years (Turnkey contract)-Call-2." This is a domestic contract awarded by a domestic entity, and the promoter/promoter group or group companies have no interest in the awarding entity. The contract does not fall within related party transactions.
Key Contract Details
The following table summarises the key parameters of the awarded contract as disclosed in Annexure A:
| Parameter: | Details |
|---|---|
| Awarding Entity: | M/s. Bangalore Water Supply and Sewerage Board (BWSSB) |
| Contract Value: | Rs 76,11,09,000 (Rupees Seventy-Six Crore Eleven Lakhs and Nine Thousand Only), excluding GST @ 18% |
| Nature of Contract: | Bagging of Contract / Receipt of LoA of Tender |
| Project Location: | Koramangala |
| STP Capacity: | 20 MLD |
| Technology: | Integrated Fixed-Film Activated Sludge (IFAS) with BNR, Tertiary Treatment and Odour Control Units |
| Contract Type: | Turnkey (Domestic) |
| Construction Period: | 30 Months |
| Operation & Maintenance Period: | 7 Years |
| Date of Award: | May 13, 2026 |
| Related Party Transaction: | No |
| Promoter Interest in Awarding Entity: | No |
Project Scope and Execution Timeline
The contract encompasses the complete design, construction, and commissioning of a 20 MLD Sewage Treatment Plant, followed by an Operation and Maintenance phase. The construction phase is to be executed within 30 months, after which the company will undertake Operation and Maintenance for 7 years as part of the turnkey arrangement. The project incorporates advanced treatment technologies including Integrated Fixed-Film Activated Sludge (IFAS) with Biological Nutrient Removal (BNR), Tertiary Treatment, and odour control units, aimed at meeting modern wastewater treatment standards at the Koramangala site.
Regulatory Disclosure
The disclosure was made in compliance with Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as SEBI Master Circular No. SEBI/HO/CFD/PoD2/P/0155 dated November 11, 2024, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/P/2024/185 dated December 31, 2024. The submission was signed by Laxmikanth Tangudu, Company Secretary cum Compliance Officer (ACS 68439), 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 |
|---|---|---|---|---|---|
| +1.52% | +0.79% | +7.69% | -15.97% | -29.89% | -29.89% |
How might this ₹76 crore BWSSB contract impact Sattva Engineering's order book size and revenue visibility over the next 2-3 years?
Could this project serve as a reference contract for Sattva Engineering to bid on larger sewage treatment infrastructure projects in other Indian metro cities?
What are the key execution risks Sattva Engineering may face during the 30-month construction phase, given Bengaluru's urban density and infrastructure constraints?
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