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VA Tech Wabag Limited Capital/Financing Update 2020

Apr 7, 2020

62666_rns_2020-04-07_afed6257-8132-4956-8758-2ae365632734.pdf

Capital/Financing Update

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7[th] April 2020

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

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

Dear Sir/ Madam,

Sub: PRESS RELEASE TITLED: “WABAG secures 5 Year Operation & Maintenance contract in Al Madina Al Shamaliya (AMAS) Sewage Treatment Plant in Kingdom of Bahrain”.

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

This is for your information and record.

Thanking You,

Yours faithfully,

For VA TECH WABAG LIMITED

RAMANAN Digitally signed by RAMANAN SWAMINATHAN SWAMINATHAN Date: 2020.04.07 23:24:30 +05'30'

R Swaminathan Company Secretary & Compliance Officer Membership No. A17696

Encl. As above

Sustainable solutions, for a better life


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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 - 6123 2323 : +91- 44 - 4223 2323 Fax : : +91- 44 - 6123 2324 Email : [email protected] Web : www.wabag.com

PRESS RELEASE Chennai, India

For Immediate Publication April 07, 2020

WABAG secures 5 Year Operation & Maintenance contract in Al Madina Al Shamaliya (AMAS) Sewage Treatment Plant in Kingdom of Bahrain

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April 07, 2020: VA TECH WABAG LIMITED (‘WABAG’), a leading pure play water technology Indian Multinational Company has secured 4.5 Million Bahraini Dinar (approx. 900 Million INR) order from Ministry of Works, Municipalities Affairs and Urban Planning (‘MoW’) in Kingdom of Bahrain towards Operation, Maintenance and Management of the Madinat Salman Sewage Treatment Plant (‘STP’) and Long Sea Outfall for a period of 5 years.

WABAG was awarded the EPC scope of the 40 MLD Sewage treatment plant and long sea outfall in Oct 2015 by Ministry of Housing, Kingdom of Bahrain to cater to a population of approx. 100,000 (close to 16,000 units). The project was funded by Abu Dhabi Fund for Development. The EPC project cost was approx. 34.74 Million Bahraini Dinar.

The project was successfully completed on 31st October 2018 post which WABAG has been operating and maintaining this plant since 1st of November 2018 till date for Ministry of Works. Recently, the MoW awarded a long term 5 year O&M contract for 4.5 Million Baharaini Dinars towards operation, maintenance and management of the Madinat Salman STP.

Commenting on this order, Mr. Deep Raj Saxena, CEO – Middle East and Africa Cluster said, “This is a proud moment for WABAG, as once again our execution quality has been recognized by our clientele, resulting in a repeat order towards the O&M activities. In line with our growth strategy, this new order to our strong O&M order book across the globe provides annuity income which helps us with improved cash flow and better revenue predictability.”


For Further information, please contact:

Mr. T V Gopal, Chief Manager - Public Relations

VA TECH WABAG LIMITED | Tel: +91 4461232260 | 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.

Digitally signed by RAMANAN RAMANAN SWAMINATHAN SWAMINATHAN Date: 2020.04.07 23:25:26 +05'30'