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WABAG Ranked 4th Globally among 'Top 50 Private Water Companies'



Posted On : 2021-04-22 16:31:34( TIMEZONE : IST )

WABAG Ranked 4th Globally among 'Top 50 Private Water Companies'

VA TECH WABAG LIMITED ('WABAG'), a leading Pure Play Water Technology Multinational has been ranked 4th Globally by Global Water Intelligence (GWI), London, under "The world's top 50 private water operators" for ensuring safe and clean drinking water and Sanitation for over 71 million people across the globe.

In line with its vision WABAG has now rocketed to 4th place globally in 2021 and is the only Indian Organization to be featured in the top 25 water companies globally. The company has been showing consistent progress over the years i.e. lath Rank in 2017 and 6th Rank in 2019.

With a vision to ensure water sustainability, WABAG has been continuously innovating and implementing new and advanced technologies in the field of Water and Wastewater treatment. Today WABAG is

- Producing 26 million m3 of clean water every day to quench the thirst of millions of people

- Treating 30 million m3of wastewater every day to ensure clean and healthy environment

- Desalinating 1.2 million m3 of seawater every day to supplement the freshwater sources

- Treating 2 million m3 industrial of effluent every day to safeguard the water bodies

- Recycling 2.5 million m3 of wastewater every day for industrial and non-potable reuse purposes

WABAG's sustainable solutions are in line with the United Nations SDG-6, which aims to ensure clean water and sanitation for all by 2030. Also, WABAG's innovative and environment-friendly solutions are aligned to the ESG (Environment, Social, Governance) Sustainability Index, which is fast emerging as a priority for Industries worldwide.

Driven by its vision to be among the Top 3 Pure Play Water Companies Globally, WABAG continues to make strides in its growth journey, with aim to serve people globally thereby assuring Sustainable Solutions, for a better life.

Shares of VA TECH WABAG LTD. was last trading in BSE at Rs.253.15 as compared to the previous close of Rs. 237.25. The total number of shares traded during the day was 104848 in over 2767 trades.

The stock hit an intraday high of Rs. 255 and intraday low of 235.3. The net turnover during the day was Rs. 25844721.

Source : Equity Bulls

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