Va Tech Wabag Secures ₹46.5 Crore Contract for Advanced Water Solutions in Solar Manufacturing

2 min read     Updated on 21 Aug 2025, 08:38 AM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

VA Tech Wabag has won a ₹46.5 crore contract from RenewSys India Private Limited to provide water technology solutions for a 2 GW solar cell manufacturing facility in Hyderabad. The project includes designing and implementing Ultrapure Water, Effluent Treatment, and Zero Liquid Discharge systems within 11 months. This contract marks VA Tech Wabag's entry into the solar manufacturing sector, aligning with its strategy to diversify into high-growth industrial applications. The company recently reported strong financial performance with 17% year-over-year growth in consolidated revenue to ₹734 crores and a 20% increase in PAT to ₹66 crores. VA Tech Wabag's order book now stands at over ₹15,750 crores, providing visibility for sustained growth.

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*this image is generated using AI for illustrative purposes only.

VA Tech Wabag , a leading pure-play water technology company, has clinched a significant contract worth ₹46.5 crore from RenewSys India Private Limited. The order involves providing advanced water technology solutions for RenewSys' 2 GW solar cell manufacturing facility in Hyderabad, Telangana.

Contract Details

The scope of work for VA Tech Wabag includes the design, engineering, manufacturing, supply, installation, and commissioning of:

  • An Ultrapure Water (UPW) system
  • An Effluent Treatment Plant (ETP)
  • A Zero Liquid Discharge (ZLD) system

The project is set to be executed within a period of 11 months, showcasing VA Tech Wabag's commitment to timely delivery of complex water management solutions.

Strategic Significance

This contract marks a strategic milestone for VA Tech Wabag, establishing a strong foothold in the rapidly growing solar manufacturing sector. The company views this as an opportunity to reinforce its capabilities across UPW, ETP, and ZLD segments, positioning itself to capitalize on future opportunities in solar, green hydrogen, semiconductor, and other high-growth industrial applications.

Mr. V. Sivakumar, General Manager - Sales & Marketing, India Cluster at VA Tech Wabag, commented on the order win: "This order marks WABAG's foray into delivering comprehensive water management solutions for Solar Cell facilities, one of the high growth segments for the future. The project is well aligned with our strategy to diversify into water management for high growth industrial applications like Solar, Green Hydrogen and Semi-Conductors."

Financial Performance

VA Tech Wabag recently reported strong financial performance:

Metric Amount (₹ in crores) Year-over-Year Growth
Consolidated Revenue 734.00 17%
Consolidated EBITDA 96.00 18%
Consolidated PAT 66.00 20%

The company achieved a PAT margin of 9%.

Order Book and Future Outlook

With recent contract wins, including the ₹46.5 crore RenewSys order and a ₹2,332 crore desalination plant project in Yanbu, Saudi Arabia, VA Tech Wabag's order book stands at over ₹15,750 crores. This robust order book, approximately 5 times the company's annual revenue, provides strong visibility for sustained growth.

The company maintains a balanced portfolio across EPC, industrial, and international markets, complemented by a rising contribution from its high-margin Operations and Maintenance (O&M) business. VA Tech Wabag's focus on emerging market opportunities and advanced technology projects, particularly in desalination, recycling, reuse, and effluent treatment, positions it well for future growth in the water technology sector.

As VA Tech Wabag continues to secure strategically significant contracts and maintain strong financial performance, it reinforces its position as a global leader in sustainable water solutions, contributing to cleaner environments and resilient economies across the communities it serves.

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VA Tech WABAG Secures ₹118 Crore Repeat Order for Bahrain Sewage Treatment Plant Operations

2 min read     Updated on 19 Aug 2025, 08:34 AM
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Reviewed by
Riya DeyBy ScanX News Team
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Overview

VA Tech Wabag has received a repeat order worth ₹118 crores from Bahrain's Ministry of Works for the operation and maintenance of the 40 MLD Madinat Salman Sewage Treatment Plant for five years. The contract includes managing the plant's tertiary treatment system and long sea outfall. The facility, originally constructed by WABAG, features advanced technology for water reuse and sludge treatment, catering to irrigation needs of 13 islands. This order strengthens WABAG's O&M order book, providing annuity income and improved cash flows.

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*this image is generated using AI for illustrative purposes only.

VA Tech Wabag , a leading Indian multinational water technology group, has announced a significant repeat order worth approximately ₹118.00 crores (5.12 million Bahraini Dinars) from the Ministry of Works, Municipalities Affairs and Urban Planning in Bahrain. This contract reinforces WABAG's position in the water treatment sector and demonstrates the company's expertise in sustainable water solutions.

Contract Details

The order involves the operation and maintenance (O&M) of the 40 MLD (Million Liters per Day) Madinat Salman Sewage Treatment Plant (STP) and Long Sea Outfall for a period of five years. This repeat order comes as a continuation of WABAG's involvement with the facility, which they originally constructed under an Engineering, Procurement, and Construction (EPC) contract awarded in October 2015.

Project Highlights

  • Facility Specifications: The sewage treatment plant features tertiary treatment and sludge treatment using aerobic digestion and thermal drying.
  • Environmental Impact: The treated water from the facility caters to the irrigation requirements of 13 islands, showcasing the project's contribution to water reuse and conservation.
  • Advanced Technology: The plant includes an automatic bagging plant for commercial sales of EPA Class A sludge, highlighting WABAG's commitment to resource recovery and circular economy principles.

Strategic Importance

Mr. Srinivasan K, GM – MENA RHQ of WABAG, commented on the order, stating, "This order further strengthens our O&M order book, providing annuity income, improved cash flows, and revenue predictability. The award reaffirms the Ministry's continued trust and confidence in our operational excellence and consistent performance."

Financial Implications

The repeat order is expected to have a positive impact on WABAG's financial performance:

Aspect Value
Contract Value ₹118.00 crores
Duration 5 years
Type of Income Annuity
Expected Outcome Improved cash flows

Company Background

VA Tech WABAG has a century of expertise in water technology and operates in more than 25 countries. The company has designed and built over 1,500 municipal and industrial water and wastewater treatment plants worldwide. WABAG's focus on innovation is evident in its state-of-the-art R&D centers in Europe and India, holding over 125 intellectual property rights.

This latest contract underscores WABAG's commitment to providing sustainable water solutions and its strong position in the global water treatment market. The company's alignment with the United Nations Sustainable Development Goals (UNSDGs) and Environmental, Social, and Governance (ESG) principles further emphasizes its role in addressing global water challenges.

As water scarcity and environmental concerns continue to grow worldwide, WABAG's expertise in water treatment and reuse positions it well for future growth and impact in the sector.

Historical Stock Returns for VA Tech Wabag

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%-0.92%+0.74%+13.74%+19.22%+639.23%
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