WABAG secures Rs 1,187 cr contract from Bihar Urban Infra Development Corp

Firm achieves financial closure of its second HAM project and partners with PTC India Financial Services

WABAG has secured a contract worth Rs 1,187 Crore order from Bihar Urban Infrastructure Development Corporation (BUIDCO) under the National Mission for Clean Ganga (NMCG) Scheme to develop Sewage Treatment Plants (STP) of 150 MLD capacity along with sewerage network of over 453 km in the Digha and Kankarbagh zones of Patna.

The company will execute the Engineering, Procurement and Construction ('EPC') portion of Sewage Treatment Plant under HAM, along with this project over a period 24 months. This would be followed by O&M of 15 years.

The STPs will produce renewable energy from biogas to run the plants leading to lower