Water treatment player VA Tech WABAG Ltd on Wednesday said it has bagged orders worth Rs 1,477 crore for taking up operation and maintenance of sewage treatment plants in Agra and Ghaziabad.
The city-based company said the award from the ‘State Mission for Clean Ganga-Uttar Pradesh’ comprises operation and maintenance of 22 sewage treatment plants, 22 pumping stations and an underground network of over 3,000 km in the two cities.
The duration of the project would be for 10 years initially, which could be extended by an additional five years.
WABAG shall also improve, rehabilitate and upgrade facilities related to systems, structures and equipment associated with the sewage treatment plants and underground collection systems, a company statement said here.
“This is a proud moment for WABAG as we have been recognised as a competent technology partner for providing long-term sustainable solutions by the government through the One City-One Operator model”, India Cluster-CEO, Pankaj Sachdeva said.
“Such long-term orders provide annuity income, which helps us with improved cash flow and better revenue predictability,” he said.
VA Tech WABAG Ltd, Chief Business Officer, Mohamed Shaffi, said the contract would ensure treatment of over 650 MLD in Agra and Ghaziabad, adhering to national treatment standards, thus providing a cleaner and healthier ecosystem.
“WABAG is proud to play a significant part in the rejuvenation of river Yamuna, as this will ensure treatment of over 80 per cent of sewage generated in both the cities”, he said.