Va Tech Wabag Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

Va Tech Wabag has secured a letter of award from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) to develop a looped transmission network under the Chennai Climate Resilient Water Security and Sewerage Project (CCRWSSP) for Greater Chennai City (GCC). According to the company's project classification, the order is valued at more than Rs 1,000 crore.

Funded by the Asian Development Bank, the project will establish a city-wide water grid platform for Chennai, enabling flexible water routing, improved pressure management, and greater operational reliability under both normal and emergency conditions. This project will be executed by a joint venture where Va Tech Wabag will be the leader.

Commenting on this development, Mr. Shailesh Kumar, Chief Executive Officer - India Cluster, said, ?This project marks an important step towards building a resilient and future-ready water infrastructure for Chennai. The development of a city-wide water grid will significantly enhance supply reliability, operational flexibility, and climate resilience for the city. We are proud to partner with CMWSSB and support Chennai's long-term water security by delivering advanced infrastructure combined with digital monitoring and smart network management.?

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The project involves developing a city-wide looped water transmission network in Chennai.

The company classifies a 'mega' order as a contract with a value exceeding Rs 1,000 crore.

The project will be executed under the Chennai Climate Resilient Water Security and Sewerage Project, with VA Tech Wabag acting as the lead partner in the joint venture.

The scope of work includes the development of bulk transmission pipelines, feeder mains, pumping stations and underground tanks. It also involves integration with a central SCADA monitoring system, followed by testing, commissioning and long-term operation and maintenance.

The project is expected to be completed within 54 months and will be followed by 10 years of operation and maintenance. Once operational, the network is expected to improve water routing flexibility, pressure management and supply reliability across Greater Chennai.

On 12 March 2026, VA Tech Wabag said it had secured a 'mega' public-private partnership order from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) for the refurbishment, financing, operation, maintenance and transfer of a 45 MLD tertiary treatment reverse osmosis (TTRO) plant at Kodungaiyur in Chennai. The project involves upgrading the existing facility to restore its full capacity within 18 months, followed by operation and maintenance for 18.5 years, aimed at supplying treated wastewater to industries in the Manali?Ennore and Manali-Minjur industrial corridors and strengthening sustainable water reuse infrastructure in the city.

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.

Shares of VA Tech Wabag fell 2.45% to Rs 1244.65 on 13 March 2026.

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Accordingly, WABAG would refurbish, finance, operate, maintain and transfer (RFOMT) the 45 million litres per day (MLD) tertiary treatment reverse osmosis (TTRO) plant at Kodungaiyur, Chennai.

The TTRO plant at Kodungaiyur, along with its associated distribution pipeline network, was originally developed by CMWSSB in 2019 to supply high-quality treated wastewater to industries located in the Manali?Ennore and Manali?Minjur industrial corridors in Chennai.

Under the contract, WABAG will undertake the refurbishment and upgradation of the existing TTRO facility to restore its full treatment capacity of 45 MLD within a period of 18 months.

Following the refurbishment phase, WABAG will operate and maintain the facility for a period of 18.5 years, ensuring reliable supply of treated water that meets the stipulated quantity and quality standards under the agreement.

WABAG is presently operating the 45 MLD TTRO facility at Koyambedu, Chennai, which was designed, built, and commissioned by WABAG in 2019 to supply high-quality recycled water to industrial consumers.

The company is is also operating a 40 MLD TTRO facility in Ghaziabad, developed by WABAG under PPP mode, which supplies treated water to multiple industries in the Sahibabad Industrial Area.

S Varadarajan, whole time director & chief growth officer, said: ?We are delighted to secure this prestigious recycle & reuse project from our valued client, CMWSSB.

This project further strengthens our leadership in the Indian water sector and reinforces our position at the forefront of water recycling and reuse, which will play a critical role in enabling sustainable industrial water management and supporting Chennai?s long-term water security.?

According to WABAG?s classification, the value of this contract is above Rs 1,000 crore.

Va Tech Wabag is engaged in the business of the water treatment field. Its principal activities include design, supply, installation, construction, and operational management of drinking water, wastewater treatment, industrial water treatment, and desalination plants.

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.

The scrip rose 0.04% to currently trade at Rs 1253.70 on the BSE.

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Va Tech Wabag has secured a Letter of Award (LoA) from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) for the Refurbishment, Finance, Operate, Maintain and Transfer (RFOMT) of a 45 Million Litres per Day (MLD) Tertiary Treatment Reverse Osmosis (TTRO) Plant at Kodungaiyur, Chennai, to be executed under the Public-Private Partnership (PPP) mode. According to the company's project classification, the order is valued over Rs 1,000 crore under the 'Mega order' category.

The TTRO plant at Kodungaiyur, along with its associated distribution pipeline network, was originally developed by CMWSSB in 2019 to supply high-quality treated wastewater to industries located in the Manali-Ennore and Manali-Minjur industrial corridors in Chennai. Under the contract, WABAG will undertake the refurbishment and upgradation of the existing TTRO facility to restore its full treatment capacity of 45 MLD within a period of 18 months. Following the refurbishment phase, WABAG will operate and maintain the facility for a period of 18.5 years, ensuring reliable supply of treated water that meets the stipulated quantity and quality standards under the agreement.

Notably, WABAG is already operating the 45 MLD TTRO facility at Koyambedu, Chennai, which was designed, built, and commissioned by WABAG in 2019 to supply high-quality recycled water to industrial consumers. WABAG is also operating a 40 MLD TTRO facility in Ghaziabad, developed by WABAG under PPP mode, which supplies treated water to multiple industries in the Sahibabad Industrial Area, thereby supporting sustainable industrial water reuse and circular water management. The Kodungaiyur TTRO facility award further strengthens WABAG's leadership in advanced water recycling and reuse solutions, reinforcing its role in enabling sustainable industrial water management and supporting Chennai's transition towards a circular water economy.

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