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    WABAG secures largest ever Clean Ganga order from Bihar government

    Synopsis

    "This project comprises of a Design, Build and Operate (‘DBO’) scope worth Rs 940 crore and hybrid annuity scope worth around Rs 247 crore," WABAG said on the components of the contract.

    Ganga-Clean-UpAgencies
    The sewage treatment capacity will be split as 100 and 50 MLD between Digha and Kankarbagh respectively
    Chennai-headquartered Water technology services provider VA TECH WABAG has secured a Rs 1,187-crore order from the Bihar Government to build sewage treatment plants and sewerage networks of over 450 km as part of a national mission to clean the Ganga river.

    In a press release, Wabag said the plants will have a capacity of 150 million litres a day and the network will cover the Digha and Kankarbagh zones of Patna, which counts among the most populous cities located along the Ganga. "This project comprises of a Design, Build and Operate (‘DBO’) scope worth Rs 940 crore and hybrid annuity scope worth around Rs 247 crore," WABAG said on the components of the contract.

    The sewage treatment capacity will be split as 100 and 50 MLD between Digha and Kankarbagh respectively, and other funds will be allocated for diversion, and building of new sewerage networks and associated activities.

    WABAG will also be responsible for the operations and maintenance of the STPs and the sewerage infrastructure for a period of 15 years. The project will be implemented by BUIDCO with financial assistance from the World Bank under the NMCG, said the release.

    Commenting on the order win, Varadarajan S, Director & Chief Growth Officer, said: “With this repeat order in Bihar, WABAG will now be responsible for sewerage infrastructure in 4 out of the 6 zones of Patna, thus testifying the trust reposed by NMCG and BUIDCO on WABAG.”

    WABAG's shares traded up nearly 3.94% at Rs 303.4 on the NSE after announcement of the order win today.


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