VA TECH WABAG (WABAG), a leading pure play water technology Indian Multinational has been awarded an order for Rs 2.53 billion by Bihar Urban Infrastructure Development Corporation (BUIDCO), under the prestigious Namami Gange scheme (National Mission for Clean Ganga NMCG).
The scope includes survey, review, redesign and build new sewerage system along with a pumping station and operation and maintenance of 10 years at Karmalichak, Patna. The project will be jointly financed by World Bank and NMCG.
Pankaj Sachdeva, CEO-India Cluster said, "It is heartening to witness the steady flow of orders under Namami Gange. The project will help in meeting the sewage treatment needs to ensure that no untreated wastewater is discharged in the River Ganga from this zone."
Shares of the company gained Rs 10.4, or 2.04%, to trade at Rs 521.30. The total volume of shares traded was 31,875 at the BSE (11.25 a.m., Thursday).