VA Tech Wabag Ltd, a leading pure-play water technology company, has announced securing new orders worth ₹3.60 billion (₹360 crore). This significant win strengthens the company's position in the water and wastewater management sector.
Key highlights:
The orders span various water treatment and management projects across India
They include both municipal and industrial water solutions
The projects are expected to be completed over the next 18-24 months
This latest success follows VA Tech Wabag's recent ₹1,000 crore order from Bihar Urban Infrastructure Development Corporation for the Digha-Chhajjapur project. The company's order book now stands at an impressive ₹12,000 crore, providing strong revenue visibility for the coming years.
These new contracts underscore VA Tech Wabag's technological expertise and its crucial role in addressing India's growing water infrastructure needs. The company's shares are likely to react positively to this news in the upcoming trading sessions.
Sources: VA Tech Wabag Ltd regulatory filing, Business Standard, March 13, 2025