Water Tech Major Wabag Secures Rs 85 Crore Order For Oman Desalination Plant
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.
The company said in a regulatory filing that the water produced from this plant will be used for domestic consumption in the Duqm and Haima areas of Al Wusta Governorate.
“We thank Nama Water Services for their continued confidence in our capabilities and technical competence, which has been key to winning this repeat order,” said Subramaniam.
Being a pure-play water technology multinational, Wabag offers a complete range of technologies and services for water solutions in both municipal and industrial sectors.
It has over 1,600 water professionals spread over 25 countries in 4 continents.
According to the company, it has built over 1,400 municipal and industrial plants in various geographies across the globe over the last three decades.
   Legal Disclaimer:
 MENAFN provides the
              information “as is” without warranty of any kind. We do not accept
              any responsibility or liability for the accuracy, content, images,
              videos, licenses, completeness, legality, or reliability of the information
              contained in this article. If you have any complaints or copyright
              issues related to this article, kindly contact the provider above.

 
                
                
                
                
                
                
    
                       
                       
                       
                       
                       
                       
                       
                       
Comments
No comment