VA Tech Wabag has bagged a contract to operate and manage Istanbul’s entire wastewater system. The contract value is over $50 million (about Rs. 200 crore) a year with payments made monthly by the utility. The project involves treatment and disposal of over 5 million cubic metres of domestic and industrial effluent generated by the city daily, which has a population of over 16 million. Istanbul also generates nearly half of Turkey’s industrial output.
The company’s Turkish subsidiary is handling the operation and maintenance of Istanbul’s wastewater infrastructure for the local utility, Istanbul Water and Sewage Administration. The infrastructure includes three central treatment plants, 50 supplementary treatment plants and nine pre-treatment plants with a capacity to handle over 850,000 cubic metres daily and a 23 MW biogas power plant.
VA tech wabag a leader in the Indian water technology market and currently holds a market share of around 14 per cent. The company has consolidated its’ specialist reputation through a number of innovative and path-breaking projects in the fields of water treatment and wastewater recycling. It also disposes over locations in Delhi, Kolkata (Calcutta), Pune and Vadodara, as well as on the Philippines, in Oman and Spain, and at present has a workforce of more than 800.
| Company Name | CMP |
|---|---|
| VA Tech Wabag | 1119.70 |
| Race Eco Chain | 412.50 |
| Antony Waste Hand | 455.65 |
| RESGEN | 80.24 |
| Eco Recycling | 580.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
