VA Tech pops 13% on Rs 3,251 cr-order for sewage treatment plant in Riyadh

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VA Tech pops 13% on Rs 3,251 cr-order for sewage treatment plant in Riyadh - Business Standard

Quick Summary:

Since its founding in 1924, the company has executed more than 6,500 municipal and industrial projects, solidifying its role in addressing global water challenges.

Moreover, the EPC consortium for this project comprises VA Tech Wabag and Mutlaq Al-Ghowairi Contracting Company (‘MGC’).

This ISTP is being developed by a consortium of Miahona Company (lead), Marafiq, and N.V.Besix S.A.for its off-taker, the Saudi Water Partnership Company (‘SWPC’).