SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

VA Tech Wabag secures order worth $33.5 million from SEPCO III

05 Feb 2024 Evaluate

VA Tech Wabag has secured an order worth $33.5 million from SEPCO III Electric Power Construction Corporation (‘SEPCO III’) towards Engineering and Procurement (‘EP’) of a 20 MLD Industrial Wastewater Treatment Plant (IWWTP) at Ras Tanura Refinery Complex, Kingdom of Saudi Arabia.

This IWWTP, where Wabag is playing the role of Process and Technology Contractor, is being constructed by SEPCO III and developed by Miahona, a leading PPP developer & operator of water and wastewater projects in the Kingdom of Saudi Arabia for its off-taker Saudi Aramco, one of the world’s largest integrated oil and gas companies.

The EP scope of work under this order includes Design, Engineering, Procurement, Supply and Supervision of Installation & Commissioning of the IWWTP to treat a complex cocktail of effluents from the Desalter Effluent, Tank Farms and other Oily Wastewater sumps in the refinery. This order is scheduled to be completed over a 20-month period, and will employ biological treatment followed by Filtration and Reverse Osmosis technologies to treat the effluent partly towards Reuse in the refinery. The treatment scheme also includes Wet Air Oxidation for treatment of Spent Caustic Effluent.

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


VA Tech Wabag Share Price

1498.80 17.50 (1.18%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
VA Tech Wabag 1498.80
ION Exchage 416.55
Race Eco Chain 127.05
RESGEN 62.84
GEM Enviro 44.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×