BSE
Your Result on : Company News Details
Va Tech Wabag Ltd Industry :  Engineering - Turnkey Services
BSE Code
533269
ISIN Demat
INE956G01038
Book Value (Rs)
338.3038812
NSE Symbol
WABAG
Divident Yield %
0.25
Market Cap
(Rs In Cr.)
12,360
P/E (TTM)
36.59
EPS (TTM)
54.21
Face Value
(Rs)
2
Back
Va Tech Wabag bags its first project in Kuwait
19-Jun-26   Hrs IST

VA TECH WABAG (WABAG) has secured the 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), Kuwait.

This prestigious order marks WABAG's maiden entry into Kuwait and further consolidates its leadership and expanding footprint across the GCC region.

This project will be executed through an unincorporated Joint Venture (JV) led by WABAG, in association with Heavy Engineering Industries & Shipbuilding Company K.S.C. (HEISCO), as the JV partner.

The project entails the design, engineering, procurement, construction and commissioning of a 60 MIGD (approximately 272 MLD) Seawater Reverse Osmosis (SWRO) Desalination Plant featuring a state-of-the-art Recarbonation System, scheduled to be completed over a period of 36 months. The contract includes a five-year Operation & Maintenance period, ensuring long-term reliability and operational excellence. The facility will employ advanced desalination technologies to deliver high quality potable water, thereby addressing Kuwait's rising water demand and reinforcing the nation's water security.

Further underscoring its commitment to sustainability, the project incorporates Solar Photovoltaic (PV) systems to partially meet the plant's energy requirements, supporting Kuwait's renewable energy ambitions and contributing to a lower carbon footprint.

This landmark order further cements WABAG's leadership in the desalination sector and deepens its strong foothold across the GCC region. It reaffirms WABAG's capability to deliver large-scale, technologically advanced desalination solutions that contribute to sustainable water management and bolster long-term water security.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)