Image Source: Indian Chemical News
Ion Exchange (India) Ltd’s subsidiary, Ion Exchange and Company LLC, has won a long-term contract worth OMR 73.46 million (approx. INR 1,730 crore) from Petroleum Development Oman. The 20-year agreement covers design, build, own, operate, and maintain potable water and sewage treatment facilities in the South PDO Concession Area.
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Ion Exchange (India) Ltd has announced a significant international achievement through its Oman-based subsidiary, Ion Exchange and Company LLC. The company has secured a prestigious contract from Petroleum Development Oman (PDO) to deliver critical water and sewage infrastructure in the South PDO Concession Area.
Key highlights
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The contract is valued at OMR 73.46 million, translating to approximately INR 1,730 crore over 20 years
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Scope includes design, build, own, operate, and maintain potable water and sewage treatment facilities
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Awarded by Petroleum Development Oman, ensuring strong international credibility
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Execution will be managed entirely by the Oman subsidiary, with no promoter group involvement
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Ion Exchange shares reflected positive investor sentiment, closing higher on the BSE after the announcement
This development strengthens Ion Exchange’s global footprint in water treatment and environmental management, positioning the company as a trusted partner in sustainable infrastructure projects across international markets.
Sources: Business Standard, CNBC TV18, InvestyWise
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