WABAG secures Industrial Waste Water Treatment order in Romania worth about INR 260 Crores

VA TECH WABAG ('WABAG'), a leading pure-play water technology Indian Multinational Group, further enhances its leadership in the Industrial water treatment market in Romania with WABAG Water Services S.R.L., Romania ('WABAG Romania'), its European subsidiary, securing a repeat order from Purolite S.R.L, Romania ('Purolite') worth about INR 260 Crores (EUR 30 Million) towards upgrading the Industrial Wastewater Treatment Plant ('WWTP') in Romania.

The contract will be an Engineering & Procurement ('EP') scope contract which includes design & engineering, equipment supply, installation, commissioning and start-up of the Purolite Victoria WWTP. The project is scheduled to be executed over a 24-month period.

The existing plant, located in Victoria, Brasov County, was designed to treat 5,820 m3/day of wastewater generated from resin production. Purolite has planned to increase the production and an increased wastewater flow will result from production. Thus, an upgrade of the existing WWTP has become necessary. The upgrade will include additional pre-treatment, extension of existing lamella clarifiers and new Reverse Osmosis stage, in order to treat the effluent up to national NTPA001 discharge criteria.

The key features of the WWTP upgrade includes:

- Influent pretreatment, Cooling, neutralization
- SO4 and calcium precipitation and solids separation
- Reverse osmosis treatment stage
- Brine Evaporation Crystallizations

Commenting on this order win, Mr. Erwin Moetz, CEO - Wabag Romania said, "It is a matter of extreme pride for us to have bagged this key industrial order and we thank Purolite for the confidence they have reposed in us. We have already built a waste water treatment plant for Purolite and this repeat order is indeed a great testament of the trust that the customer has, regarding our capability and competencies. Wabag Romania specializes in design and construction of industrial water plants and this project will be another marquee reference for us."

Shares of VA Tech Wabag Limited was last trading in BSE at Rs. 339.65 as compared to the previous close of Rs. 331.45. The total number of shares traded during the day was 31327 in over 1437 trades.

The stock hit an intraday high of Rs. 344.40 and intraday low of 331.40. The net turnover during the day was Rs. 10624828.00.

Source : Equity Bulls

Keywords

VATechWabag INE956G01038 OrderWin Purolite IndustrialWastewaterTreatmentPlant Romania