Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

VA Tech Wabag Limited Capital/Financing Update 2021

Aug 2, 2021

62666_rns_2021-08-02_6dd56fc2-93b0-469b-9280-24f6c9d213ca.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

An ISO 9001 Company

August 2, 2021

National Stock Exchange of India Limited, Plot No C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai — 400051.

BSE Limited, Floor 25, PJ Towers, Dalai Street, Mumbai — 400001.

NSE Symbol: WABAG / BSE Scrip Code: 533269

Dear Sir/ Madam,

Sub: PRESS RELEASE TITLED: "WABAG expands Global footprint with technologically advanced Oil & Gas order worth 165 Million USD in Russia"

"r+

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

R Swaminathan Company Secretary & Compliance Officer Membership No. A17696

End. As above

Sustainable solutions, for a better life

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

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

PRESS RELEASE For Immediate Publication Chennai, India August 02, 2021

WABAG expands Global footprint with technologically advanced Oil & Gas order worth 165 Million USD in Russia

August 02, 2021: VA TECH WABAG (WABAG'), a leading pure-play water technology Indian Multinational Group, consolidates its market position in the Oil & Gas sector further, by securing a breakthrough Engineering and Procurement (EP') order worth 165 Million US Dollars (about 1,230 Crore) from Amur Gas Chemical Complex LLC., CAGCC') in Russia. AGCC is a joint venture of SIBUR Holding Russia and China Petroleum & Chemical Corporation (`Sinopec'), China. AGCC is set to become one of the world's largest basic polymer production facilities.

Wabag shall be the technology and system integrator for the Integrated Treatment Facilities (Waste Water Treatment unit). WABAG shall deploy advanced technologies to treat waste water streams. The facility will have a concentrate evaporator unit to maintain Zero Liquid Discharge (ZLD) and the sludge will be dewatered and dried. The facility will be designed to Recycle & Re-use the waste water released from the petrochemical unit, substituting about 25% of the raw water intake requirement. The deployment of ZLD and Recycle & Re-use makes the facility environmentally friendly and meets stringent environmental regulations.

CH NNAI 11 (%

Sustainable solutions, for a better life

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

Board : +91-44-6123 2323 Fax : +91-44-6123 2324 Email : wabaggwabag.in Web : www.wabag.com

WABAG shall perform the scope of Design, Engineering, Procurement, Supply and Supervision of the facilities during erection and commissioning including process & technology equipment, piping system, electrical, instrumentation / control systems and building & architectural materials.

This technology dominant breakthrough order in the CIS region, especially in the Russian Federation also marks WABAG's largest order in the Oil & Gas sector.

Commenting on this order win, Mr. Pankaj Sachdeva, CEO — India Cluster said, "This order from a marquee customer in the Oil & Gas sector, re-affirms our technological superiority and execution excellence, built over the years. We are proud to have secured this contract amidst stiff international competition and we are confident that this project will be another landmark reference for WABAG."

For Further information, please contact: Mr. T V Gopal, Chief Manager - Public Relations VA TECH WABAG LIMITED I Tel: +91 44 6123 2260 I Email: [email protected] GIN: 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.