VA Tech Wabag up 6% on securing order worth Rs 1,187 cr under Namami Gange

The project comprises of a design, build and operate (DBO) scope worth Rs 940 crore and hybrid annuity scope worth around Rs 247 crore, it added.

Shares of VA Tech Wabag rose as much as 6 per cent intra-day to trade at Rs 309 per share on the BSE after the company won order worth Rs 1,187 crore under Centre’s Namami Gange project.
 

“The company has secured a project worth Rs 1,187 crore from Bihar Urban Infrastructure Development Corporation (BUIDCO) under National Mission for Clean Ganga (NMCG) Scheme to develop Sewage Treatment Plants (STP) of 150 MLD capacity along with sewerage network of over 450 km in the Digha and Kankarbagh zones of Patna,” VA Tech Wabag said in a regulatory filing at the BSE on