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VA Tech Wabag Limited — Capital/Financing Update 2025
Jul 24, 2025
62666_rns_2025-07-24_10b0a280-4ff6-4ec0-a565-60c4f2ac1063.pdf
Capital/Financing Update
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July 24, 2025
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.: “Bagging of order/contract” - WABAG receives a Letter of Award for a 300 MLD Mega Sea Water Desalination Plant in the Kingdom of Saudi Arabia, worth about USD 272 Million (SAR 1,019 Million / INR 2,332 Crores)
Ref.: Intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Please find enclosed the intimation towards receipt of Letter of Award for a 300 MLD Mega Sea Water Desalination Plant in the Kingdom of Saudi Arabia, worth about USD 272 Million (SAR 1,019 Million / INR 2,332 Crores).
The details as required under Reg. 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with the SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended is enclosed as Annexure-I .
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: 2025.07.24 07:35:44 +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 CIN: L45205TN1995PLC030231 “WABAG HOUSE”, No.17, 200 Feet 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
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An ISO 9001 Company
Stock Exchange Intimation Chennai, India
For Immediate Publication July 24, 2025
WABAG receives a Letter of Award for a 300 MLD Mega Sea Water Desalination Plant in the Kingdom of Saudi Arabia, worth about USD 272 Million (SAR 1,019 Million / INR 2,332 Crores)
July 24, 2025: VA TECH WABAG (‘WABAG’), a leading pure-play water technology Indian multinational group, has been awarded a 300 Million Litres per Day (MLD) Sea Water Reverse Osmosis (‘SWRO’) Mega Desalination Plant at Yanbu, in the Kingdom of Saudi Arabia valued at approximately USD 272 million (SAR 1,019 million / INR 2,332 crore) by the Saudi Water Authority (‘SWA’). This Project encompasses the scope of design, engineering, supply, construction, and commissioning of a 300 MLD Mega Desalination Plant, to be developed on a greenfield site located along the west coast of the Kingdom of Saudi Arabia. We have received the Letter of Award, and the contracting formalities will commence now. Post signing of the contract, the effective date for commencement of execution will be announced.
Commenting on this success, Mr. Rohan Mittal, Head of Strategy and Business Growth for GCC said, “We are immensely proud to have emerged successful in this prestigious project not just once, but twice. This repeat success underscores the strength of our technical competence, competitiveness and our deep-rooted capabilities in executing large and complex desalination projects. This prestigious project, aligns with and contributes to the ambitious goals of Saudi Vision 2030 and reinforces WABAG’s global leadership in the desalination sector.”
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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
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: 2025.07.24 07:36:27 +05'30'
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Annexure-I
| a) | Name of the entity awarding the order(s)/ contract(s) |
Saudi Water Authority (‘SWA’) |
|---|---|---|
| b) | Significant terms and conditions of order(s)/ contract(s) awarded in brief |
Letter of Award for Design, engineering, supply, construction, and commissioning of a 300 MLD Mega Desalination Plant at Yanbu, Kingdom of Saudi Arabia is received and the contracting formalities will commence now. Post signing of the contract, the effective date for commencement of execution will be announced. |
| c) | Whether order(s) / contract(s) have been awarded by domestic/ international entity |
International entity |
| d) | Nature of order(s) / contract(s) | Design, engineering, supply, construction, and commissioning of a 300 MLD Mega Desalination Plant at Yanbu, Kingdom of Saudi Arabia |
| e) | Whether domestic or international | International project |
| f) | Time period by which the order(s)/ contract(s) is to be executed |
30 months from effective date as mentioned above |
| g) | Broad consideration or size of the order(s)/ contract(s) |
USD 272 Million (SAR 1,019 Million / INR 2,332 Crores) |
| h) | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/ contract(s)? If yes, nature of interest and details thereof |
No |
| i) | Whether the order(s)/ contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length |
No |
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: 2025.07.24 07:37:10 +05'30'
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 Fax : : +91- 44 - 6123 2324 Email : [email protected] Web : www.wabag.com