VA Tech WABAG bags Rs 2,700 cr Saudi's sea water desalination plant order

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VA Tech WABAG bags Rs 2,700 cr Saudi's sea water desalination plant order - Business Standard

Quick Summary:

Water treatment player VA Tech WABAG has secured an order from Saudi Water Authority worth USD 317 million (Rs 2,700 crore) for setting up a Mega Sea Water Desalination plant in Saudi Arabia, the company said on Friday.

The Saudi Water Authority, formally known as the Saline Water Conversion Corporation, is responsible for regulating and monitoring water sector business and services to enhance water sustainability and achieve the objectives of Saudi Arabia's Vision 2030.

The Engineering, Procurement, Construction and Commissioning (EPCC) contract including design and supply of the 300 million litres per day mega desalination plant which would be developed on a greenfield site in the west coast of Kingdom of Saudi Arabia.