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VA Tech Wabag Limited Capital/Financing Update 2019

Mar 8, 2019

62666_rns_2019-03-08_5a2a13f3-c18f-4306-a3d4-2543d2f5b427.pdf

Capital/Financing Update

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08th March 2019

National Stock Exchange of India Limited, BSE Limited, Plot No C/1, G Block, Floor 25, PJ Towers, Bandra-Kurla Complex, Dalai Street, Bandra (E), Mumbai — 400051. Mumbai — 400001.

Dear Sir/ Madam,

Sub: PRESS RELEASE TITLED:"WABAG secures Hybrid Annuity Order from Namami Gange worth INR 575 Crore".

Ref: NSE Symbol: WABAG / BSE Scrip Code: 533269

Please find enclosed the subject Press Release being issued by the Company today.

This is for your information.

Thanking You,

Yours faithfully,

For VA TECH WABAG LIMITED

R Swaminathan Company Secretary & Compliance 0

Encl. As above

Sustainable solutions, for a better life

VA TECH WABAG LIMITED CIN : L45205TN1995PLC030231 "WABAG HOUSE" No.17, 200 Feet Thoraipakkam - Pallavaram Main Road, Sunnambu Kolathur, Chennai - 600 117, India.

Board : +91-44-3923 2323 :+91-44-4223 2323 Fax :+91-44-3923 2324 Email : [email protected] Web : www.wabag.com

WABAG secures Hybrid Annuity Order from Namami Gange worth INR 575 Crore

March 08, 2019: VA TECH WABAG LIMITED (`WABAG'), a leading Pure Play Water Technology Indian Multinational Company has secured INR 575 Crore worth order under the prestigious National Mission for Clean Ganga ('NMCG') Scheme to Design, Build, Rehabilitate and Operate Sewage Treatment Facilities and associated infrastructure in Kolkata, West Bengal.

The project will be executed on Public Private Partnership basis under the Hybrid Annuity Model (`HAM'). WABAG will build the sewage treatment plants over a period of 24 months and further Operate & Maintain them over a period of 15 years.

The Design, Build, Rehabilitate and Operate contract from Kolkata Municipal Development Authority, funded by NMCG includes Engineering, Supply and Construction of new Sewage Treatment Plants, Renovation and Up-gradation of existing Sewage Treatment Plants, Rehabilitation of pumping stations and other associated infrastructure. WABAG will build the plants using resource recovery from bio-sludge in line with India's green power vision.

Commenting on this order, Mr. S Varadarajan, Whole-time Director and Chief Growth Officer said, "We are delighted and proud to have secured our breakthrough HAM order under the prestigious Namami Gange Program and this win reinstates our commitment to ensure water security for the nation by partnering with the Government policies. Once completed, these plants will contribute to reducing the discharge of untreated sewage into the Holy Ganga from the state of West Bengal significantly."

For Further information, please contact: Mr. T V Gopal, Chief Manager - Public Relations VA TECH WABAG LIMITED I Tel: +91 4439232260 I Email: [email protected] CIN: L45205TN1995PLC030231

About WABAG: Around the world, the WABAG name stands for innovative and successful solutions in the water engineering sector. As an internationally respected expert group, we act as a systems specialist and full service provider with a focus on the planning, installation and operation of drinking and wastewater plants for local government and industry in the growth markets of Asia, North Africa, Middle East, the Central and Eastern Europe. The WABAG Group represents a leading multinational player with a workforce of over 1,600 and has companies and offices in more than 20 countries. It disposes unique technological know-how, based on innovative, patented technologies and long-term experience. Since 1995, WABAG has completed over 900 water and wastewater plants worldwide. Through the conservation and ecological use of the world's most valuable resource, WABAG has made a sustained contribution to an improvement in the quality of life of well over a hundred million people. WABAG is thus one of the world's leading partners for investments in a future that is worth living.