VA Tech WABAG Ltd has clinched a landmark $272 million contract to build a mega seawater desalination plant in Yanbu, Saudi Arabia. The project, awarded by the Saudi Water Authority, marks a major stride in India’s global water tech leadership.
Project Highlights
- The plant will have a capacity of 300 million litres per day (MLD), serving critical water needs along Saudi Arabia’s west coast.
- WABAG’s scope includes design, engineering, supply, construction, and commissioning.
- The project is expected to be completed within 30 months from the effective date.
Strategic Significance
- This win reinforces WABAG’s expertise in handling large-scale desalination projects globally.
- It aligns with Saudi Vision 2030, supporting infrastructure development and sustainable resource management.
- The contract, valued at SAR 1,019 million (INR 2,332 crore), strengthens WABAG’s presence in the GCC region.
Sources: MarketSetup.in, Corporate Announcement VA Tech WABAG.