VA Tech WABAG has bagged a European Investment Bank and Germany-based Kreditanstalt fur Wiederaufbau (KfW) Development Bank funded design, build order for establishing two waste water treatment plants valued at Euro 78 million (about Rs 700 crore) in Zambia. The order has been secured from the Lusaka Water Supply and Sanitation Company, Zambia which also marks the entry of VA Tech WABAG into African country.
ET Year-end Special Reads
Two sectors that rose on India's business horizon in 2024
2025 outlook: Is it time for cautious optimism or rekindling animal spirits?
2024: Govt moves ahead with simultaneous polls plan; India holds largest democratic exercise
Under this Design, Build, Operate contract, WABAG would execute the Engineering, Procurement and Construction (EPC) of two advanced Wastewater Treatment plants — a 54 MLD and another 19 MLD in Ngwerere and Chunga, respectively, a company statement here said on Friday.
The EPC phase would spread across 36 months and another 24 months for the Operation and Maintenance of the project to ensure sustainable performance and efficiency.
«We extend our heartfelt gratitude to Lusaka Water Supply and Sanitation Company for their confidence in WABAG to deliver one of the Zambia's largest and most advanced sanitation projects in the recent decades,» company Head — Sales and Marketing (Africa) Guhan Kandasamy said.
Majority of the energy needs of the two plants would be sustainably met through green energy sources, utilising a combination of biogas and solar power.
Artific