Va Tech Wabag Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Va Tech Wabag will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Va Tech Wabag (WABAG) and PEAK Sustainability Ventures (PEAK) announced the development of their first Bio-CNG plant in Ghaziabad, Uttar Pradesh. This Project marks the first milestone under their waste-to-energy initiative announced on 29 January 2024, with a shared vision to establish 100 Bio-CNG plants at sewage treatment facilities across India and other markets.

The Bio-CNG Plant will be developed at the 70 MLD Sewage Treatment Plant (STP) in Dundaheda, Ghaziabad, under a Build-Operate-Transfer (BOT) model on a Public Private Partnership basis. The Project will be executed through a newly incorporated special purpose vehicle, Ghaziabad Bioenergy, formed jointly by WABAG and PEAK.

The Plant will capture raw biogas generated at the STP, preventing methane emissions into the atmosphere, and upgrade it into high-quality renewable Bio-CNG fuel. This clean fuel will replace conventional fossil fuels in mobility and industrial applications. By converting an environmental liability into a valuable energy resource, the Project demonstrates a circular, scalable and transformational pathway for India's energy transition. This initiative also represents a small but meaningful step toward easing global LNG/CNG supply chain pressures by creating a reliable, locally produced renewable gas alternative.

The initiative is expected to deliver significant environmental and socio-economic benefits. Methane has nearly 28 times higher Global Warming Potential than carbon dioxide, and preventing its release will substantially reduce greenhouse gas emissions. Over the life of the Project, it is estimated to reduce approximately 250,000 metric tons of carbon emissions. Commercial operations are expected to commence within one year.

Va Tech Wabag has allotted 6,068 equity shares under ESOS on 13 May 2026. With this allotment, the paid up equity share capital has increased to 6,23,15,663 equity shares of face value of Rs 2/- each.

The agreement outlines governance, management, and control terms for the SPV, with VA Tech Wabag and Peak Sustainability expected to hold an economic interest of up to 50% each. Both parties will also have equal representation through nominee directors on the SPV board.

The agreement includes a three-year lock-in period, restrictions on share transfer without mutual consent, and right of first refusal. The company clarified that no conflict of interest arises and that the arrangement is in the ordinary course of business.

VA Tech Wabag is a global water technology company that provides engineering, supply and construction solutions for municipal and industrial water and wastewater treatment projects.

The company's consolidated net profit jumped 30.63% to Rs 91.70 crore on a 18.53% rise in revenue to Rs 961.30 crore in Q3 FY26 as compared with Q3 FY25.