The company secured a consortium design, build, operate (DBO) order, for the 50 MLD (expandable to 100 MLD) Mamelles Sea Water Desalination Project from the National Water Company of Senegal, Soci?t? Nationale Des Eaux du S?n?gal (SONES). The order is worth 146 million euros. The scope of the project entails, engineering & procurement (EP) and operation & maintenance (O&M), which is worth about one-third of the consortium order value. The companys EP scope includes design, engineering and supply of electromechanical equipment, supervision of installation and commissioning followed by a 2 year O&M of the plant. The project will be executed by WABAG in consortium with Toyota Tsusho Corporation (Toyota), Japan and Eiffage G?nie Civil, France (Eiffage). WABAG will play the role of the technology & system integrator, while Eiffage will be responsible for the construction work and Toyota will co-manage the project. The said project is being funded by Japan International Cooperation Agency (JICA) aims to provide a safe and stable water supply to the people of Senegal by ensuring a highly sustainable water source. This order in the West African region marks the entry of WABAG into a new geography, Senegal. WABAG is already executing 50 MLD (expandable to 100 MLD) Desalination project in Tunisia, North Africa being funded by KfW Germany. This order further consolidates WABAGs business in the African continent. Commenting on this order win, Deep Raj Saxena, CEO – MEA Cluster said, This new order win in Senegal, amidst strong international competition, gives us immense pride and happiness. WABAG has been continuously foraying into new Geographies and Senegal is yet another country, where our consistent marketing efforts have reaped benefits. This significant order is a testament to WABAGs strong track record, knowhow & global competitiveness in desalination and WABAGs continued contribution to water security in the African continent. This plant when completed, will play a significant role in meeting the water demand of Senegal and also be an important reference project for WABAG. VA Tech Wabag offers a complete range of technologies and services for Total Water Solutions in both municipal and industrial sectors. The company reported 0.5% fall in consolidated net profit to Rs 46.30 crore on a 10.7% decrease in net sales to Rs 891.86 crore in Q4 FY22 over Q4 FY21. Powered by Capital Market – Live News
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