The scope of this Design and Build contract includes engineering, supply, erection, construction, and commissioning of 20MLD Tertiary Treatment Plant over a period of 24 months, the company said in a press note to the exchanges on Thursday.
The scope also includes setting up of a chrome recovery unit, where the chrome recovered will be reused in the tanneries. "Post successful commissioning, WABAG will also operate and maintain the plant for a period of 5 years. The construction of this plant will be funded under the prestigious Namami Gange Scheme," the company added.
Va Tech Wabag Ltd's share price is currently at Rs299.20, up by Rs10.7 or 3.71%, from its previous close of Rs288.50 on the BSE.