According to VA Tech Wabag’s exchange filing, it secured the contract for the Doha SWRO desalination plant with recarbonisation system, Stage II in Kuwait from the country’s ministry of electricity, water and renewable energy.
This order marks the company’s entry into Kuwait, as per the filing. The project will be executed via an unincorporated joint venture, led by Wabag, in association with the Heavy Engineering Industries & Shipbuilding Company KSC (HEISCO) as the JV partner.
The project includes the design, engineering, procurement, construction and commissioning of a 60 MIGD (approximately 272 MLD) SWRO desalination plant featuring the recarbonisation system. It is scheduled to be completed over 36 months, VA Tech Wabag stated.It added that the contract includes a five-year operation and maintenance period. The facility will employ advanced desalination technologies to deliver high-quality potable water, thereby addressing Kuwait’s rising water demand and reinforcing the nation’s water security, it said. The project incorporates solar PV systems to partially meet the plant’s energy requirements, it added.
“This landmark win reinforces our growing leadership in the Middle East desalination market and underscores our commitment to enabling a more water-secure and sustainable future through advanced and energy-efficient desalination solutions,” Rohan Mittal, head-strategy and business growth-GCC, said.
Shares of VA Tech Wabag are bucking the trend in an otherwise weak market, trading 3.5% higher on Friday at ₹1,878.4. The stock is up 35% in the last one month, and has extended its year-to-date advance to 43%.
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