Wabag Secures Orders Worth ₹360 Crore: Share Price in Focus

VA Tech Wabag (WABAG), a prominent player in the global water technology sector, has secured significant orders worth approximately ₹360 crore. The contracts include a major Zero Liquid Discharge (ZLD) project for GAIL (India) Limited and an operations and maintenance (O&M) extension from Indian Oil Corporation Limited (IOCL), reinforcing Wabag’s expertise in industrial water treatment solutions.

The share price of Wabag was trading higher by 0.56% as of 9:25 AM on March 13, 2025. 

Key Project: ZLD Effluent Treatment Plant for GAIL

Wabag’s primary order, valued at around ₹340 crore, involves designing, building, and operating a 450 cubic metres per hour ultra-filtration (UF) and reverse osmosis (RO) based effluent recycling system. This project, located at GAIL’s integrated petrochemical complex in Pata, Uttar Pradesh, also includes an evaporator-based ZLD plant and the augmentation of an existing wastewater treatment facility.

The Engineering, Procurement, and Construction (EPC) phase is expected to be completed within 24 months, followed by a six-month O&M period. Projects and Development India Limited (PDIL) has been appointed as the Engineer-in-Charge for this initiative. The recovered water from the plant will be utilised as cooling tower make-up water, enhancing water efficiency within GAIL’s operations.

IOCL Extends O&M Partnership with Wabag

In addition to the GAIL project, Wabag has secured a repeat O&M order worth approximately ₹20 crore from IOCL for its Tertiary Treatment Reverse Osmosis (TTRO) plant at the Panipat Refinery in Haryana. This plant, commissioned by Wabag in 2006, was India’s first industrial water recycling facility within the oil and gas sector.

The renewed contract extends Wabag’s engagement for another three years, highlighting the company’s longstanding relationship with IOCL and its consistent operational excellence in managing complex water treatment systems.

Industry Leadership and Client Trust

Commenting on the contract wins, Mr. S. Natrajan, Head of Sales & Marketing, India Cluster at Wabag, expressed his enthusiasm:

“We are delighted to have secured these significant industrial water treatment orders and we sincerely thank GAIL and IOCL for their trust and confidence placed in us. These repeat orders serve as a powerful testament to the strength of our long-standing customer relationships, as well as to our technical expertise and capabilities.”

Wabag has established itself as a global leader in water treatment, having designed and executed over 1,500 municipal and industrial water projects worldwide. Its expertise spans the full lifecycle of water treatment, from design and engineering to long-term operational management.

Conclusion: A Growing Focus on Water Sustainability

As industries increasingly prioritise water conservation and recycling, Wabag’s innovative solutions play a vital role in sustainable water management. The latest project wins reinforce its position as a preferred partner for industrial water treatment, particularly in the energy and petrochemical sectors.

While the impact of these orders on Wabag’s financial performance remains to be seen, they highlight the company’s continued expansion and ability to secure high-value contracts in the evolving water treatment landscape.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.