Wabag bags Rs 85 cr order for Oman desalination plant

Mumbai: Water technology major Va Tech Wabag on Tuesday said it has secured an order worth around Rs 85 crore from Nama Water Services in Oman for the operation and maintenance of the Al Duqm desalination plant for five years.

Chennai-headquartered Wabag constructed the desalination plant over 10 years ago and was responsible for the operation and maintenance (O&M) until 2018.

"In line with our growth strategy, this new order addition in Oman, to our already strong O&M order book provides annuity income, which helps us with improved cash flow and better revenue predictability,” said Subramaniam M, sales and business development director - GCC.