VA Tech Wabag on Friday announced that it has bagged a mega order worth $317 million (approximately Rs 2,700 crore) from the Saudi Water Authority (SWA). In a regulatory filing, the company said, “Wabag’s impressive track record and technologically superior proposal were critical in winning this prestigious order towards Engineering Procurement, Construction & Commissioning (EPCC) of a 300 Million Litre per Day (MLD) Mega Sea Water Reverse Osmosis (SWRO) Desalination Plant in Yanbu, Kingdom of Saudi Arabia (KSA).”
The SWA, formerly known as the Saline Water Conversion Corporation (SWCC), is responsible for regulating and monitoring water sector business and services to enhance water sustainability and achieve the objectives of Saudi Arabia’s Vision 2030. The SWA, it added, is currently managing over 40 desalination plants producing over 11 million cubic meters per day and over 139 ground and surface water purification stations producing over 4 million cubic meters per day.
The order includes the scope of design, engineering, supply, construction and commissioning of the 300 MLD Mega Desalination Plant. This will be developed on a greenfield site located in the west coast of the KSA, south of the Red Sea-facing city Yanbu al-Bahr. The order is scheduled to be completed within a 30- month period.
This Mega Desalination Plant will operate using Dual Media Filters followed by a two-pass Reverse Osmosis process and Re-mineralization to produce clean potable water, which will be further distributed by the SWA. This plant will be built with the state-of-the-art Desalination technologies.
Globally since 1995, WABAG has constructed over 60 desalination plants in 17 countries, for various municipalities and industries, thereby significantly contributing to the cause of water security.
Rohan Mittal, Head – Strategy & Business Growth – GCC, said, “This mega order is a testament to our expertise and commitment to delivering high-quality, sustainable water solutions worldwide. This win reinforces our position in the desalination sector and we are confident that WABAG’s Global Leadership in Desalination will grow further with this win.”
From: financialexpress
Financial News
