Va Tech Wabag JV wins Rs 262 crore order from Nepal

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Water treatment player Va Tech Wabag in a joint venture with Pratibha Industries has bagged Rs 262 crore order from Melamchi Water Supply Development Board, Nepal.

The scope of the work comprises construction of water treatment plant at Sundarijal, Nepal with an initial capacity of 85MLD, Va Tech Wabag said in a statement.

 The plant would be designed to expand to 170MLD and later to 510MLD, it said.

The project funded by Japan International Cooperation Agency would treat water from the Melamchi river and discharge the treated water through pipeline upto battery limits, it said.

"We are delighted to receive the first order from Nepal and are proud to make our project management capabilities and technical expertise available to the project in our neighbouring country", Va Tech Wabag Ltd, Head-Sales, S Natrajan said.

The water treatment plant at Sundarijal is part of the Melamchi Water Supply Project, under the Melamchi Water Supply Development Board, it said.

Shares of the company ended at RS 455.55 a piece, up by 3.38% over the previous close in BSE.