VA Tech Wabag has secured a major domestic order from Bharat Petroleum Corporation Limited (BPCL) to establish advanced industrial water treatment facilities at BPCL's Bina Refinery and Petrochemical Expansion Project in Madhya Pradesh. The water technology company announced this development on Tuesday, January 13.

Order Details and Scope

The order value falls within the ₹250-600 crore range and encompasses a comprehensive Water Block Package. The project includes three key components:

The state-of-the-art project will be executed on an Engineering, Procurement, and Construction (EPC) basis, covering design, engineering, procurement, construction, installation, testing, and commissioning phases.

Management Commentary

S Natrajan, Head – Sales & Marketing, India Cluster, emphasized the company's commitment to delivering excellence. "This award further reinforces Wabag's leadership position in the Oil & Gas sector and underscores our strong track record in delivering complex, technology-intensive water projects," he stated. The management assured execution to the highest standards of quality, reliability, and operational performance.

Recent International Wins

The BPCL order follows a series of significant international contract wins. Last month, VA Tech Wabag secured a repeat order from the Saudi Water Authority for an advanced technology brackish water reverse osmosis (BWRO) plant with 50 million liter per day capacity at Aljouf in Saudi Arabia.

In December, The Saudi Water Partnership Company declared VA Tech Wabag as the preferred bidder in a consortium for the Hadda Independent Sewage Treatment Plant (ISTP) project in Saudi Arabia. This large EPC contract involves developing a major wastewater treatment facility under a 25-year build, operate and transfer model.

Market Response

Shares of VA Tech Wabag opened 3.10% higher at ₹1,210.20 on Tuesday following the order announcement. The stock subsequently moderated and was trading 1.93% higher at ₹1,196.40 as of 10:19 AM, reflecting positive investor sentiment toward the significant order win.

VA Tech Wabag has secured a major contract from Bharat Petroleum Corporation Limited (BPCL) for industrial water treatment solutions, marking a significant business development for the water technology company.

Order Details and Value

The contract represents a substantial opportunity for VA Tech Wabag, with the order value positioned in a broad range reflecting the project's scale and complexity.

Strategic Significance

This order win demonstrates VA Tech Wabag's strong positioning in the industrial water treatment market, particularly within the oil and gas sector. The partnership with BPCL, one of India's premier petroleum companies, underscores the company's technical capabilities and reputation in delivering complex water treatment solutions.

Market Impact

The substantial order value range indicates the project's potential to contribute meaningfully to VA Tech Wabag's revenue pipeline. Industrial water treatment remains a critical requirement for petroleum companies, driven by environmental regulations and operational efficiency needs. This contract reinforces the company's ability to secure large-scale projects from established industrial clients and strengthens its market presence in the water infrastructure sector.