WABAG secures Advanced Water Technology Order to deliver Ultra-Pure Water, ETP & ZLD Solutions for RenewSys Solar Cell Manufacturing Facility

VA TECH WABAG ('WABAG'), a leading pure-play water technology Indian Multinational Group, has secured a prestigious order from RenewSys India Private Limited ('RenewSys') to deliver comprehensive water management solutions for its 2 GW solar cell manufacturing facility in Hyderabad, Telangana. The scope of work includes the design, engineering, manufacturing, supply, installation and commissioning of an Ultrapure Water ('UPW') system, Effluent Treatment Plant ('ETP'), and a Zero Liquid Discharge ('ZLD') system, to be executed within a period of 11 months.

This order, worth INR 46.50 Crore is strategically significant for WABAG as it marks a strong foothold in the solar manufacturing sector, reinforcing its capabilities across UPW, ETP, and ZLD segments. It also positions WABAG to capitalize on future opportunities in Solar, Green Hydrogen, Semi-Conductor and other high-growth industrial applications.

Commenting on this order win, Mr. V. Sivakumar, General Manager - Sales & Marketing, India Cluster said, "This order marks WABAG's foray into delivering comprehensive water management solutions for Solar Cell facilities, one of the high growth segments for the future. The project is well aligned with our strategy to diversify into water management for high growth industrial applications like Solar, Green Hydrogen and Semi-Conductors. WABAG's technological expertise, proven track record and competitive pricing enabled us to offer lowest life-cycle cost. We express our sincere gratitude to RenewSys for their trust and confidence in WABAG."

Shares of VA Tech Wabag Limited was last trading in BSE at Rs. 1589.50 as compared to the previous close of Rs. 1607.35. The total number of shares traded during the day was 13625 in over 1014 trades.

The stock hit an intraday high of Rs. 1622.45 and intraday low of 1585.30. The net turnover during the day was Rs. 21753889.00.

Source : Equity Bulls

Keywords

VATechWabag INE956G01038 OrderWin RenewSysIndia