Va Tech Wabag has been awarded a major EPC order worth half a billion Saudi Riyals from Power and Water Utility Company for Jubail and Yanbu (MARAFIQ), Kingdom of Saudi Arabia.

The scope of this Engineering, Design and Build contract is towards the expansion of Sewage Water Treatment Plant in Jubail.

The plant will be designed using activated sludge process for carbon and nitrogen removal to treat the sewage water in accordance with the irrigation water quality standards as per Royal Commission Environmental Regulations 2015.

MARAFIQ has planned to expand the plant upto a total capacity of 200 MLD in 2 phases, of which the present order win by WABAG pertains to Phase 1 with a capacity of 120 MLD.

Deep Raj Saxena, CEO Middle East & Africa Cluster said, "Continuing our success in the Middle East region, this order is a major breakthrough for us in the Kingdom of Saudi Arabia, with a prestigious client. We are extremely delighted with this second large order win of Rs 10 billion in immediate succession to our INR 555 Crore order win in Qatar. These order wins, give us immense confidence on our long term growth plans in this region."

Shares of the company gained Rs 17.15, or 6.83%, to trade at Rs 268.40. The total volume of shares traded was 21,240 at the BSE (10.59 a.m., Thursday).