VA Tech Wabag surges on securing order for Wastewater Treatment Plant in Georgia
VA Tech Wabag is currently trading at Rs. 1240.00, up by 37.05 points or 3.08% from its previous closing of Rs. 1202.95 on the BSE.
The scrip opened at Rs. 1237.00 and has touched a high and low of Rs. 1248.45 and Rs. 1214.75 respectively. So far 18172 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1679.00 on 28-May-2025 and a 52 week low of Rs. 1033.95 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 1289.80 and Rs. 1194.30 respectively. The current market cap of the company is Rs. 7,745.63 crore.
The promoters holding in the company stood at 19.09%, while Institutions and Non-Institutions held 23.29% and 57.61% respectively.
VA Tech Wabag (WABAG) has secured an order worth between Rs 250 crore to Rs 600 crore from United Water Supply Company of Georgia LLC (UWSCG). The company has secured the order in a consortium. The order is for the construction of a 19 million litres per day (MLD) Wastewater Treatment Plant (WWTP) in Georgia. Funded by the European Investment Bank (EIB), the project involves the development of a state-of-the-art wastewater and sludge treatment facility at Kutaisi, the third-largest city in Georgia. The 19 MLD WWTP is designed for future expansion up to a capacity of 56 MLD.
The Engineering, Procurement & Construction (EPC) scope of the project includes demolition of the existing plant, construction of the new WWTP, and installation of an effluent pipeline to the river. As the consortium leader, the company will undertake design, engineering, supply, installation, and commissioning of the treatment systems, along with training of client personnel and supervision of Operation & Maintenance (O&M) for a period of 12 months.
The plant will feature advanced mechanical and biological treatment with nutrient removal based on the activated sludge process, along with final sedimentation and UV disinfection. The project also includes sludge treatment facilities, solar sludge drying systems, Oduor control systems, and associated pumping infrastructure. This order marks the company’s entry into the CIS region and the Georgian market, further strengthening its position as a trusted partner in delivering sustainable and innovative water management solutions globally.
