Va Tech Wabag (Wabag), engaged in the water treatment field, consolidates its market position in the Oil & Gas sector further, by securing a breakthrough Engineering and Procurement (EP) order worth USD 165 million (about Rs 12.30 billion) from Amur Gas Chemical Complex LLC., CAGCC') in Russia.

AGCC is a joint venture of SIBUR Holding Russia and China Petroleum & Chemical Corporation (Sinopec), China. AGCC is set to become one of the world's largest basic polymer production facilities.

Wabag shall be the technology and system integrator for the Integrated Treatment Facilities (Waste Water Treatment unit). WABAG shall deploy advanced technologies to treat waste water streams. The facility will have a concentrate evaporator unit to maintain Zero Liquid Discharge (ZLD) and the sludge will be dewatered and dried.

The facility will be designed to Recycle & Re-use the waste water released from the petrochemical unit, substituting about 25% of the raw water intake requirement. The deployment of ZLD and Recycle & Re-use makes the facility environmentally friendly and meets stringent environmental regulations.

WABAG shall perform the scope of Design, Engineering, Procurement, Supply and Supervision of the facilities during erection and commissioning including process & technology equipment, piping system, electrical, instrumentation / control systems and building & architectural materials.

This technology dominant breakthrough order in the CIS region, especially in the Russian Federation also marks WABAG's largest order in the Oil & Gas sector.

Pankaj Sachdeva, CEO - India Cluster said, "This order from a marquee customer in the Oil & Gas sector, re-affirms our technological superiority and execution excellence, built over the years. We are proud to have secured this contract amidst stiff international competition and we are confident that this project will be another landmark reference for WABAG."

Shares of the company gained Rs 1.30, or 0.33%, to trade at  Rs 393.50.  The total volume of shares traded  was  77,225 at the BSE (12.17 p.m., Tuesday).