WABAG secures a Large Order from BPCL towards Industrial Water Treatment Facilities
WABAG · price
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VA Tech Wabag has won a 'Large' order from Bharat Petroleum Corporation Limited (BPCL), a domestic public sector oil company, for industrial water treatment facilities at BPCL's Bina Petchem and Refinery Expansion Project in Madhya Pradesh. The scope covers a complete Water Block Package, including a Raw Water Treatment Plant, a Reverse Osmosis-based Demineralization Plant, and a Zero Liquid Discharge Plant. WABAG will execute the project on an EPC basis over 22 months. The order is classified as 'Large', meaning its value falls in the INR 250–600 crore range.
This is a significant order win for WABAG, likely representing over 5% of its annual revenue, and reinforces its leadership in the oil & gas industrial water segment. The order should provide good revenue visibility over the next ~2 years and is positive for the stock in the near term.