Share price of Va Tech Wabag rose 6 percent in the early trade on July 23 after the company won an order worth Rs 1,187 crore.

The company has secured an order from Bihar Urban Infrastructure Development Corporation (BUIDCO) under the National Mission for Clean Ganga (NMCG) Scheme to develop Sewage Treatment Plants of 150 MLD capacity along with sewerage network of over 450 km in the Digha and Kankarbagh zones of Patna, as per company release.

This project comprises of design, build and operate scope worth Rs 940 crore and hybrid annuity scope worth around Rs 247 crore.

The company will be responsible for the operations and maintenance of the STPs and the sewerage infrastructure for a period of 15 years.

here is company details.

 

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