VA Tech Wabag Secures Repeat 'Large' Saudi Water Contract; Shares Gain

• VA Tech Wabag received a repeat 'large' EPC contract from the Saudi Water Authority for a brackish water reverse osmosis (BWRO) plant.
• The plant, located at Aljouf in Saudi Arabia, will have a capacity of 50 million liters per day (MLD).
• The project involves designing, supplying, constructing, and commissioning the plant over 14 months, utilizing advanced ceramic membrane and reverse osmosis technology.
• This contract reinforces VA Tech Wabag's leadership in advanced water treatment solutions and ensures sustainable water supply for the Aljouf region.
• VA Tech Wabag shares gained 1% on Monday following the announcement, trading at ₹1,289.8.

Why It Matters: VA Tech Wabag strengthens its presence in Saudi Arabia with a significant water treatment contract.