Va Tech Wabag bags $100 million contract in Dubai
WATER & WASTE

Va Tech Wabag bags $100 million contract in Dubai

Va Tech Wabag, a provider of water treatment solutions, announced on Monday that it has won a $100 million contract from Green EPC for a desalination project in Dubai.

The company said in a regulatory filing that it has received an order for around USD 100 million for engineering and procurement services related to the Hassyan seawater reverse osmosis project in the United Arab Emirates, which would produce 120 million gallons per day. The order was obtained from Green EPC, a Utico FZC subsidiary, which is the project's principal EPC contractor, according to the company.

The Dubai Electricity and Water Authority have chosen Utico FZC as the preferred bidder to develop and run the plant over a 35-year term under the independent water producer (IWP) model, in which the authority will off-take 100% of the water produced.

The desalination plant, which would be the largest IWP in Dubai, will be completed in stages by March 2024.

The company said the project is in line with Dubai's Clean Energy Strategy 2050 effort, which intends to optimise the use of green energy for desalination water production. It also hopes to use solar power to supplement the plant's power needs throughout the day.

Va Tech Wabag Ltd is a global Indian corporation based in Chennai, India. The company, which was founded in Breslau in 1924, specialises in water treatment for municipal and industrial customers. The organisation has completed over 6000 projects and has offices in over 30 countries.

Image Source

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Va Tech Wabag, a provider of water treatment solutions, announced on Monday that it has won a $100 million contract from Green EPC for a desalination project in Dubai. The company said in a regulatory filing that it has received an order for around USD 100 million for engineering and procurement services related to the Hassyan seawater reverse osmosis project in the United Arab Emirates, which would produce 120 million gallons per day. The order was obtained from Green EPC, a Utico FZC subsidiary, which is the project's principal EPC contractor, according to the company. The Dubai Electricity and Water Authority have chosen Utico FZC as the preferred bidder to develop and run the plant over a 35-year term under the independent water producer (IWP) model, in which the authority will off-take 100% of the water produced. The desalination plant, which would be the largest IWP in Dubai, will be completed in stages by March 2024. The company said the project is in line with Dubai's Clean Energy Strategy 2050 effort, which intends to optimise the use of green energy for desalination water production. It also hopes to use solar power to supplement the plant's power needs throughout the day. Va Tech Wabag Ltd is a global Indian corporation based in Chennai, India. The company, which was founded in Breslau in 1924, specialises in water treatment for municipal and industrial customers. The organisation has completed over 6000 projects and has offices in over 30 countries. Image Source

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement