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USD 100 M secured by Wabag in Dubai

Va Tech Wabag, a provider of water treatment solutions, said on Monday that it has won a USD 100 million contract from Green EPC for a desalination project in Dubai.

The business said in a regulatory filing that it has received an order for around USD 100 million for engineering and procurement services related to the Hassyan seawater reverse osmosis project in the United Arab Emirates, which would produce 120 million gallons per day.

The order was obtained from Green EPC, a Utico FZC subsidiary, which is the project’s principal EPC contractor, according to the business.

The Dubai Electricity and Water Authority have chosen Utico FZC as the preferred bidder to construct and operate the plant over a 35-year term, using the independent water producer (IWP) model.

“This is a significant break-through for Wabag in the UAE enabling us to showcase our technical capabilities and innovative solutions to ensure timely completion of this prestigious, challenging, and fast track desalination project of national importance with team Utico and Green EPC.

With our first order in UAE, we have further consolidated our presence in the middle east region in line with our long-term vision,” the company’s CEO Middle East and Africa Cluster Deep Raj Saxena said.

The desalination plant, which would be the largest IWP in Dubai, will be completed in stages by March 2024.

“The project is in the direction of Dubai’s Clean Energy Strategy 2050 initiative to maximize the use of green energy for the production of desalinated water and aims at using solar power to supplement the power requirement of the plant during the daytime,” the company said.

 

 

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