VA TECH WABAG secures Doha SWRO project order from MEWRE Kuwait
VA TECH WABAG has secured a mega order worth over ₹1,000 crore for the Doha SWRO Desalination Plant in Kuwait from MEWRE. The project, executed via a joint venture with HEISCO, involves building a 60 MIGD plant over 36 months followed by five years of O&M. This marks WABAG's entry into Kuwait.
*this image is generated using AI for illustrative purposes only.
VA TECH WABAG has secured a Design, Build, Operate (DBO) contract for the Doha SWRO Desalination Plant with Recarbonation System - Stage II in Kuwait from the Ministry of Electricity, Water & Renewable Energy (MEWRE). This prestigious order, classified as a Mega order, marks the company's maiden entry into Kuwait and consolidates its footprint across the GCC region. The project entails the design, engineering, procurement, construction, and commissioning of a 60 MIGD (approximately 272 MLD) Seawater Reverse Osmosis (SWRO) Desalination Plant.
The project will be executed through an unincorporated Joint Venture led by VA TECH WABAG in association with Heavy Engineering Industries & Shipbuilding Company K.S.C. (HEISCO). The EPC phase is scheduled for completion within 36 months, followed by a five-year Operation & Maintenance period. The facility will incorporate advanced desalination technologies and Solar Photovoltaic (PV) systems to partially meet energy requirements, supporting Kuwait's renewable energy ambitions.
Project Details and Classification
The Doha SWRO II Project is designed to deliver high-quality potable water to address Kuwait's rising water demand. The inclusion of a state-of-the-art Recarbonation System and solar PV systems underscores the focus on sustainability and operational excellence.
| Parameter | Details |
|---|---|
| Project Name | Doha SWRO Desalination Plant with Recarbonation System - Stage II |
| Client | Ministry of Electricity, Water & Renewable Energy (MEWRE), Kuwait |
| Order Value | Over ₹1,000 crore |
| Capacity | 60 MIGD (approximately 272 MLD) |
| Contract Type | Design, Build, Operate (DBO) |
| Execution Period | 36 months (EPC) + 5 years (O&M) |
| Order Classification | Mega Order (International) |
Order Classification Criteria
The company classifies orders based on specific value thresholds. International orders valued above USD 150 million are categorized as Mega orders.
| Order Classification | Domestic (INR Crores) | International (USD Millions) |
|---|---|---|
| Small | Upto 100 | Upto 10 |
| Medium | 100 to 250 | 10 to 30 |
| Large | 250 to 600 | 30 to 75 |
| Major | 600 to 1,000 | 75 to 150 |
| Mega | Above 1,000 | Above 150 |
The promoter, promoter group, or group companies do not hold any interest in the entity awarding the contract. The transaction does not fall within related party transactions.
Mr. Rohan Mittal, Head – Strategy and Business Growth – GCC, stated that the landmark win reinforces the company's leadership in the Middle East desalination market and its commitment to enabling a water-secure future through energy-efficient solutions.
Historical Stock Returns for VA Tech Wabag
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.88% | +30.16% | +44.16% | +53.36% | +30.20% | +445.62% |
How will this maiden entry into Kuwait influence VA TECH WABAG's strategy for securing future infrastructure contracts in the wider GCC region?
What are the potential financial impacts on the company's revenue streams during the transition from the 36-month EPC phase to the five-year O&M period?
Could the successful integration of Solar PV systems in this project serve as a catalyst for stricter renewable energy mandates in future regional desalination tenders?
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