WABAG signs concession agreement with GNN

Va Tech Wabag (WABAG) through its wholly-owned subsidiary Ghaziabad Water Solutions has inked a concession agreement with Ghaziabad Nagar Nigam (GNN). 
The pact involves the design, build, finance, and operation of a new 40 MLD recycle and reuse Tertiary Treatment Reverse Osmosis (TTRO) plant along with associated infrastructure under a hybrid annuity model (HAM).
WABAG will be the technical partner of the project and will execute the design, build, operate (DBO) contract worth Rs 594 crore.
The project scope is scheduled for two years construction period followed by a long-term operation and maintenance period of 15 years. The project will receive a grant during the construction period from GNN, which has raised money through India’s first municipal Green Bond.
The plant will use membrane technology with ultra-filtration followed by Reverse Osmosis to further purify the treated sewage water to industrial usage quality.
In addition, WABAG will also perform renovation & refurbishment of the upstream 56 MLD STP plant, followed by its operations & maintenance.
Previous articleUAE to double LNG export capacity with Fujairah plant
Next articleONGC to boost exploration with Rs 31,000 cr investment