VA Tech Wabag announced yesterday afternoon that it has secured a significant consortium order worth Rs.3250 crore from Al Haer Environmental Services, Saudi Arabia, towards Engineering, Procurement and Construction (‘EPC’) of a 200 MLD Independent Sewage Treatment Plant (‘ISTP’), including connections to outfall delivery facilities.

This ISTP is being developed by a consortium of Miahona Company (lead), Marafiq, and N.V. Besix S.A. for its off-taker, the Saudi Water Partnership Company (‘SWPC’). SWPC is the principal off-taker for water and wastewater projects in the Kingdom of Saudi Arabia.

Wabag as the Technology Partner and Leader of the EPC Consortium will Design and Build the 200 MLD Independent Sewage Treatment Plant, while MGC will undertake the scope of laying the transmission pipelines and construction of the reservoirs.

Wabag, early this year secured Engineering and Procurement (‘EP’) order of a 20 MLD Industrial Wastewater Treatment Plant (‘IWWTP’) at Ras Tanura Refinery Complex, the Kingdom of Saudi Arabia, where Miahona Company is the project developer.

The stock, which had closed yesterday at Rs.1365.90, opened almost 13% higher at Rs.1538.70 and rose further to an intraday high at Rs.1550, up 13.5%. Its 52-week high is at Rs.1943.95.