VA Tech WABAG bags Rs 555 cr EPC project from PWA\, Qatar

VA Tech WABAG bags Rs 555 cr EPC project from PWA, Qatar

Press Trust of India  |  Chennai 

: Water treatment Tech Ltd has bagged an engineering, and construction order worth Rs 555 crore from the Public Works Authority,

The project to be implemented on design, build and operate basis includes sewage treatment work by using 'disc filter and aerobic digester technology' to treat additional sewage from the football stadium currently under construction to host World Cup in 2022.

"The project is scheduled to be delivered over a period of 24 months", the city-based company said in a statement.

"Pleased with the momentum we are gaining in the region," Tech Ltd, CEO, and Africa, Deep Raj Saxena said.

This order will further consolidate the company's presence and help build another significant reference in the region, he added.

Shares of Tech were trading at Rs 257.25 apiece, up by 1.86 per cent over previous close in BSE.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 24 2018. 15:35 IST