Thursday, Dec 7 2023 | Time 02:20 Hrs(IST)
image
Business EconomyPosted at: Mar 31 2023 1:05PM


WABAG led joint venture secures orders worth about Rs 4,400 Crores

Mumbai, Mar 31 (UNI) VA TECH WABAG (WABAG), a leading pure-play water technology Indian Multinational Group, further enhanced its leadership position in the Global Desalination market, by securing a Design, Build, Operate (DBO) order, for the 400 Million Litres per Day (MLD) Sea Water Reverse Osmosis (SWRO) Desalination Project from Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) worth about Rs 4,400 Crores.
The project is scheduled to be executed under the leadership of WABAG in joint venture with Metito Overseas Limited ('Metito').
This DBO order includes the scope of Design, Engineering, Procurement, Construction, Installation, Testing and Commissioning of the 400 MLD SWRO Desalination plant and the associated sea water intake system over a period of 42 months followed by 20 years of Operation & Maintenance ('O&M'). The desalination process will include Lamella Clarifiers, Dissolved Air Flotation System, Gravity Dual Media Filters followed by Reverse Osmosis and Re-mineralization to produce clean drinking water which will be further distributed by CMWSSB to the residents of South Chennai.
This project is a landmark project for Chennai and India since this project when completed, will be the Largest Desalination plant in the South East Asian Region. This project which is being funded by Japan International Cooperation Agency ('JICA') will enhance the water security for the city of Chennai through a stable source of drinking water in the form of Desalination. This project will also make Chennai, the Desalination Capital of India with almost 750 MLD of Desalinated water to be produced along the coast of Chennai. With the 400 MLD SWRO Desalination plant, Wabag will be responsible for about 70 pc of the water production through Desalination in Chennai.
Commenting on this order win, Mr. Shailesh Kumar, CEO - India Cluster said, "This is historically the largest ever order for Wabag. I'm extremely happy that we have been awarded this massive, prestigious and important Desalination plant order in Chennai from our trusted customer CMWSSB with whom our association spans over two decades now.
Wabag has won this order against Global competition reinforcing our technological superiority and competitiveness in the Global Desalination space. This is a testament to our leadership in the Global Desalination space and puts Wabag on an inclined growth path for the future. I'm also elated that this landmark order coincides with Wabag being ranked 3rd Globally among private water operators and among the Top 10 Desalination players globally by GWI. The project when completed will not only be a landmark project for Wabag, but a testament to Tamilnadu's commitment to building Water security for Chennai and the State, making it a model for the whole country."
UNI JS SY
Please log in to get detailed story.
Tags: #WABAG led joint venture secures orders worth about Rs 4#400 Crores
More News

BPCL & KOEL commemorate 25 yrs of collaborative innovation

06 Dec 2023 | 7:52 PM

Kolkata, Dec 6 (UNI) Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 Company and a distinguished 'Maharatna,' celebrated a remarkable 25 years of collaborative innovation with Kirloskar Oil Engines Limited (KOEL).

see more..
AJIO announces the Big Bold Sale

AJIO announces the Big Bold Sale

06 Dec 2023 | 7:46 PM

Mumbai, Dec 6 (UNI) India's premier fashion e-tailer AJIO has announced its flagship event 'Big Bold Sale' powered by Adidas and co-powered by Superdry starting from Thursday.

see more..

KFC launches its 1000th restaurant in India

06 Dec 2023 | 7:19 PM

Mumbai, Dec 6 (UNI) Since the launch of first KFC restaurant in India in 1995, KFC has launched its 1000th restaurant in the country, a significant milestone in a journey of over 25 years, including more than 20 all-digital smart restaurants.

see more..

Shriram Associates launches ultra modern residential project in Pune

06 Dec 2023 | 6:54 PM

Pune, Dec 6 (UNI) Realty firm Shriram Associates has launched a new ultra modern residential complex project, called Divine Garden, at Dhanori-Lohgaon area of city.

see more..

SAMCO Mutual Fund introduces DAAF offering unmatched investment stability, growth potential

06 Dec 2023 | 5:09 PM

Chennai, Dec 6 (UNI) SAMCO Asset Management Private Limited, a distinguished investment management firm, on Wednesday said it was thrilled to announce the launch of the Dynamic Asset Allocation Fund (DAAF).

see more..
image