Stock Report

Coimbatore's Water Supply Gets a Boost: WABAG built 178.3 MLD Water Treatment Plant Inaugurated



Posted On : 2024-02-12 22:55:32( TIMEZONE : IST )

Coimbatore's Water Supply Gets a Boost: WABAG built 178.3 MLD Water Treatment Plant Inaugurated

In a significant move towards strengthening water security and ensuring a reliable provision of clean drinking water for the people of Coimbatore, the Hon'ble Minister of Youth Welfare and Sports Development of Tamil Nadu, Thiru Udhayanidhi Stalin, together with the Hon'ble Minister for Municipal Administration, Urban & Water Supply, Thiru K N Nehru, inaugurated the 178.3 MLD Water Treatment Plant (WTP) in Coimbatore.

This state-of-the-art facility was Designed, Built and Commissioned by VA TECH WABAG LIMITED (WABAG) for its esteemed client, Tamil Nadu Water Supply and Drainage Board (TWAD), under the prestigious Atal Mission for Rejuvenation and Urban Transformation (AMRUT) Scheme. The inauguration of this WTP represents a crucial milestone in addressing the region's water needs and underscores the unwavering commitment of the Government of Tamil Nadu, led by the Hon'ble Chief Minister, towards ensuring water security for the city.

The ceremony witnessed the presence of distinguished guests, including Thiru S. Muthusamy, Hon'ble Minister for Housing and Urban Development; Dr. D Karthikeyan (IAS), Secretary of the Municipal Administration and Water Supplies (MAWS); Thiru. Kranthi Kumar Pati (IAS), District Collector Coimbatore; Thiru V. Dakshinamoorthy (IAS), MD, TWAD Board; Thiru S. Sivarasu (IAS), Director of Municipal Administration in the Government of Tamil Nadu; Thiru. Sivaguru Prabakaran (IAS) Commissioner, Coimbatore Corporation; Thiru. Saravanan (IAS), JMD, TWAD Board and other dignitaries from various governmental bodies, MAWS, TWAD & WABAG.

The scope of the Design, Build & Operate (DBO) project included the design and construction of the WTP with a capacity of 178.30 MLD, utilizing water from the River Bhavani to enhance water supply to the newly incorporated areas of Coimbatore Corporation. This plant employs cutting-edge technologies such as Inclined Plate Separator and Gravity Sand Media Filter. WABAG as a life-cycle partner will be responsible for the operation and maintenance of the plants for a period of 10 years, guaranteeing uninterrupted supply of clean and safe drinking water to eight newly included Town Panchayats in Coimbatore District: Kurichi, Kuniamuthur, Thudiyalur, Vellakinaru, Chinnavedampatty, Saravanampatty, Kalapatty, and Vilankurichi.

In response to this important occasion, Mr. Shailesh Kumar - CEO India Cluster, VA TECH WABAG, expressed, "We are pleased to contribute to the sustainable initiatives of the Government of Tamil Nadu in ensuring water security for Coimbatore City, the Manchester of South India. This prestigious project under the AMRUT Scheme further underscores WABAG's commitment to executing large-scale water treatment plants with excellence."

Shares of VA Tech Wabag Limited was last trading in BSE at Rs. 665.20 as compared to the previous close of Rs. 686.40. The total number of shares traded during the day was 114772 in over 3313 trades.

The stock hit an intraday high of Rs. 700.15 and intraday low of 653.95. The net turnover during the day was Rs. 77534732.00.

Source : Equity Bulls

Keywords

VATechWabag INE956G01038 WaterTreatmentPlant Coimbatore WaterSupply