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VA Tech Wabag inks concession agreement with GNN

24 May 2022 Evaluate

VA Tech Wabag through its wholly owned subsidiary -- Ghaziabad Water Solutions (SPV) has signed concession agreement with Ghaziabad Nagar Nigam (GNN) towards Design, Build, Finance and Operation of a new 40 MLD Recycle and Re-use Tertiary Treatment Reverse Osmosis (TTRO) plant along with associated infrastructure under Hybrid Annuity Model (HAM). The company will be the technical partner of the project and will execute the Design-Build-Operate (DBO) contract with SPV worth Rs 594 crore.

The project scope is scheduled for 2 years construction period followed by a long-term operation and maintenance period of 15 years. This project would receive a grant during construction period from GNN, which has raised money through India's first municipal Green Bond.

The scope of works under this concession contract includes design, construction, supply, installation, testing, trial run and commissioning followed by operation and maintenance for 15 years, of a new 40 MLD TTRO plant. The plant will use membrane technology with Ultra filtration followed by Reverse Osmosis to further purify the treated sewage water to industrial usage quality. In addition, the company will also perform renovation & refurbishment of the upstream 56 MLD STP plant, followed by its Operations & Maintenance thereafter.

VA Tech Wabag is an India-based company engaged in the business of water treatment field.

VA Tech Wabag Share Price

1499.70 0.90 (0.06%)
07-May-2026 16:59 View Price Chart
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