13 Mar, 14:19 - Indian

Nifty Bank 53935.85 (-2.11)

Nifty Next 50 64960.3 (-2.20)

Nifty IT 29110.1 (-1.59)

Nifty Smallcap 100 15907.05 (-2.44)

Nifty Midcap 100 54914.95 (-2.38)

Nifty Pharma 22895.4 (-1.63)

Nifty 50 23219.2 (-1.78)

SENSEX 74768.63 (-1.66)

13 Mar, 14:19 - Global

NIKKEI 225 53819.61 (-1.16)

HANG SENG 25465.61 (-0.98)

S&P 6681.5 (-0.12)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(24 Dec 2025, 09:26)

VA TECH WABAG declared as preferred EPC partner for Saudi-based ISTP project

VA TECH WABAG said that the Developer Consortium has been declared the preferred bidder by the Saudi Water Partnership Company (SWPC) for the Hadda Independent Sewage Treatment Plant (ISTP) Project in the Kingdom of Saudi Arabia.


The Developer Consortium comprises of Metito Utilities Limited, Etihad Water and Electricity Company PJSC, and SkyBridge Limited Company.

WABAG is the preferred engineering, procurement and construction (EPC) partner for the ISTP project.

The Hadda ISTP Project is to be developed under a 25 – year build, own, operate and transfer (BOOT) model by the Developer Consortium.

The proposed EPC project includes the design, engineering, procurement, and construction of advanced treatment facilities. Central to the bid is a sewage treatment plant with an initial capacity of 100,000 cubic meters per day, which is expandable to 250,000 cubic meters.

The project also features a treated sewage effluent (TSE) reuse system equipped with a large storage tank.

Additionally, a 38-kilometre transmission pipeline will be constructed with a total throughput capacity of 350,000 cubic meters per day.

The commencement date of the project will be announced post execution of the concession agreements and financial closure by the Developer Consortium.

Rohan Mittal, Head – Strategy and Business Growth – GCC, said: "Being associated with a project of such strategic importance is both an honour and a responsibility we take very seriously.

This selection reinforces our strong presence in the Middle East and our growing partnerships in Saudi Arabia."

Va Tech Wabag is engaged in the business of the water treatment field. Its principal activities include design, supply, installation, construction, and operational management of drinking water, wastewater treatment, industrial water treatment, and desalination plants.

The company reported standalone net profit surged 22.05% to Rs 70.3 crore on a 12.51% rise in revenue from operations to Rs 690 crore in Q2 FY26 over Q2 FY25.

The scrip rose 0.92% to currently trade at Rs 1305.65 on the BSE.


More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and Content powered by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +