VA Tech Wabag Secures Rs 360 Crore Contracts from GAIL and IOCL

19 Mar 2025 CW Team

Chennai-based VA Tech Wabag has secured contracts worth approximately $43.2 million from GAIL (India) and Indian Oil Corporation Limited (IOCL) for water treatment and recycling projects.

GAIL Contract: Valued at approximately $40.8 million, the contract involves designing, building, and operating (DBO) water treatment and effluent recycling plants at GAIL’s petrochemical complex in Pata, Uttar Pradesh. The project scope includes:

Establishing a 450 m³/hr ultrafiltration (UF) and reverse osmosis (RO)-based effluent recycling plant. Installing a Zero Liquid Discharge (ZLD) system. Building a new wastewater treatment facility and upgrading an existing plant. Completion of EPC work is scheduled within 24 months, followed by six months of operations and maintenance (O&M). The recovered water will be used for cooling tower makeup, with Projects and Development India (PDIL) serving as the Engineer-in-Charge.

IOCL Contract: Wabag also secured a repeat order worth approximately $2.4 million from IOCL to operate and maintain the tertiary treatment reverse osmosis (TTRO) plant at Panipat Refinery, Haryana, for an additional three years.

Wabag has been managing this plant since its commissioning in 2006. Notably, the TTRO plant is India’s first industrial water recycling facility in the oil and gas sector. These contracts reinforce Wabag’s leadership in water treatment solutions across India’s industrial sector.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..