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Private Sector | Uttar Pradesh - India | PID: 189406
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Chennai-based water technology provider Va Tech Wabag has said it has won a Rs 1,477-crore contract from Uttar Pradesh government’s State Mission for Clean Ganga project for operation, maintenance and management of sewage treatment plants in Agra and Ghaziabad for a decade.
The deal can be extended for an additional period of ten years, said
The agreement will bring 22 sewage treatment plants, 22 pumping stations and underground network of over 3,000 km under Wabag for management and maintenance. “WABAG shall also improve, rehabilitate and up-grade facilities related to systems, structures and equipment etc. associated with the Sewage Treatment Plants and underground collection systems,” said
Pankaj Sachdeva, CEO-India Cluster for Wabag, said: “Such long-term orders provide annuity income which helps us with improved cash flow and better revenue predictability. With our rich experience of managing over 120 sewage treatment and pumping units with a sewage load of 4000 million litres a day and a population of 1.6 crore people in Istanbul, Turkey, we are confident of making this new initiative in India a success and a model that can be replicated across the country.
| Updated on: 18 - Jun - 2019
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