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VA Tech Wabag Limited — Capital/Financing Update 2024
Dec 27, 2024
62666_rns_2024-12-27_bf1a9223-5a43-41e0-af19-3bad34e206ea.pdf
Capital/Financing Update
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December 27, 2024
National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Plot No. C/1, G Block, Floor 25, P J Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: WABAG
BSE Scrip Code: 533269
Dear Sir/Madam,
Sub.: WABAG wins EIB & KFW funded DBO order in Zambia for Waste Water Treatment Plants worth about Euro 78 Million (approx. INR 700 Crore) from Lusaka Water Supply and Sanitation Company
Ref.: Intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Please find enclosed the Stock exchange intimation about receipt of EIB & KFW funded DBO order in Zambia for Waste Water Treatment Plants worth ~ Euro 78 Million (~INR 700 Crore) from Lusaka Water Supply and Sanitation Company.
This is for your information and records.
Thanking You,
Yours faithfully,
For VA TECH WABAG LIMITED
ANUP KUMAR SAMAL Digitally signed by ANUP KUMAR SAMAL DN: c=IN, o=PERSONAL, pseudonym=59cac15eefeb45778f26d80212ea49e1, 2.5.4.20=2f08e2a4abd03cf834087d0169b8295db945b73a74bab7f34c29fd5496859827, postalCode=600091, st=Tamil Nadu, serialNumber=26a2e917225a7e97909c27b92ba3e356c8947696ef734eb423b8137492e67dee, cn=ANUP KUMAR SAMAL Date: 2024.12.27 08:05:09 +05'30'
Anup Kumar Samal Company Secretary & Compliance Officer Membership No. F4832
Encl.: As above
Sustainable solutions, for a better life
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VA TECH WABAG LIMITED Board : +91- 44 - 6123 2323 CIN: L45205TN1995PLC030231 Fax : : +91- 44 - 6123 2324 “WABAG HOUSE”, Email : [email protected] No.17, 200 Feet Thoraipakkam-Pallavaram Main Road, Web : www.wabag.com Sunnambu Kolathur, Chennai 600 117, India.
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Stock Exchange Intimation Chennai, India
For Immediate Publication December 27, 2024
WABAG wins EIB & KFW funded DBO order in Zambia for Waste Water Treatment Plants worth ~ Euro 78 Million (~ INR 700 Crore) from Lusaka Water Supply and Sanitation Company
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December 27, 2024: VA TECH WABAG (‘WABAG’), a leading pure-play water technology Indian Multinational Group, continues to expand its presence and strengthen its leadership position in the African Continent with Design, Build & Operate (DBO) order worth ~ Euro 78 Million from Lusaka Water Supply and Sanitation Company (LWSC), multi-laterally funded by the European Investment Bank (EIB) and the Kreditanstalt für Wiederaufbau (KfW) of Germany. This strategic win marks WABAG’s entry into Zambia, further strengthening its presence in Africa and reinforcing its role as a comprehensive water solutions provider in the continent.
ANUP KUMAR SAMAL Digitally signed by ANUP KUMAR SAMAL DN: c=IN, o=PERSONAL, pseudonym=59cac15eefeb45778f26d80212ea49e1, 2.5.4.20=2f08e2a4abd03cf834087d0169b8295db945b73a74bab7f34c29fd5496859827, postalCode=600091, st=Tamil Nadu, serialNumber=26a2e917225a7e97909c27b92ba3e356c8947696ef734eb423b8137492e67dee, cn=ANUP KUMAR SAMAL Date: 2024.12.27 08:05:50 +05'30'
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An ISO 9001 Company
Under this DBO contract, WABAG will execute the Engineering, Procurement, and Construction (EPC) of two advanced Wastewater Treatment Plants (WWTPs) a 54 MLD WWTP and a 19 MLD WWTP located in Ngwerere and Chunga, Zambia. The EPC phase will span 36 months, followed by 24 months of Operation & Maintenance (O&M) to ensure sustainable performance and efficiency. Majority of the energy needs of the WWTPs will be sustainably met through green energy sources, utilizing a combination of biogas and solar power.
WABAG’s successful track record in delivering world-class water and wastewater treatment projects, combined with its technically superior and competitive bid, played a pivotal role in securing this landmark contract in Zambia's dynamic market.
Commenting on this remarkable order win, Mr. Guhan Kandasamy, Head - Sales & Marketing (Africa), said, "We extend our heartfelt gratitude to LWSC for their confidence in WABAG to deliver one of Zambia’s largest and most advanced sanitation projects in the recent decades. Through this project, WABAG is proud to contribute significantly to the Zambian government’s mission to enhance water and sanitation infrastructure, positively impacting countless lives."
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ANUP KUMAR SAMAL Digitally signed by ANUP KUMAR SAMAL DN: c=IN, o=PERSONAL, pseudonym=59cac15eefeb45778f26d80212ea49e1, 2.5.4.20=2f08e2a4abd03cf834087d0169b8295db945b73a74bab7f34c29fd5496859827, postalCode=600091, st=Tamil Nadu, serialNumber=26a2e917225a7e97909c27b92ba3e356c8947696ef734eb423b8137492e67dee, cn=ANUP KUMAR SAMAL Date: 2024.12.27 08:06:26 +05'30'
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For Further information, please contact:
Mr. Nilamani Satapathy, Corporate Communications
VA TECH WABAG LIMITED I Tel: +91 44 6123 2949 I Email: [email protected] CIN: L45205TN1995PLC030231
About WABAG: With over a century of expertise, WABAG stands as a global leader in water technology, offering innovative and sustainable solutions for both municipal and industrial sectors. As a pure-play water technology multinational, WABAG delivers end-to-end water solutions, tailored to meet diverse customer needs across the globe. Backed by a team of over 1,600 water professionals operating in more than 25 countries, WABAG positively impacts millions of lives every day. Over the past three decades, the company has successfully designed and built over 1,500 municipal and industrial water and wastewater treatment plants worldwide. WABAG serves as a trusted lifecycle partner, managing every phase of water treatment, from Design, Engineering, Supply, and Construction to Installation, Start-up, and Long-term Operational Management across various business models. Driven by a passion for innovation, WABAG operates state-of-the-art R&D centers in Europe and India and holds over 125 intellectual property rights. Its vision aligns with the United Nations Sustainable Development Goals (UNSDGs) and Environmental, Social, and Governance (ESG) principles, with a strong focus on conservation, resource optimization, recycling, and reuse. As one of the world's foremost partners in water sustainability, WABAG is shaping a future where water challenges are transformed into opportunities for a better, more sustainable world.
ANUP KUMAR SAMAL Digitally signed by ANUP KUMAR SAMAL DN: c=IN, o=PERSONAL, pseudonym=59cac15eefeb45778f26d80212ea49e1, 2.5.4.20=2f08e2a4abd03cf834087d0169b8295db945b73a74bab7f34c29fd5496859827, postalCode=600091, st=Tamil Nadu, serialNumber=26a2e917225a7e97909c27b92ba3e356c8947696ef734eb423b8137492e67dee, cn=ANUP KUMAR SAMAL Date: 2024.12.27 08:07:04 +05'30'
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