This order entails design, engineering, procurement, construction, installation, testing and commissioning of the 400 MLD SWRO desalination plant and the associated sea water intake system over a period of 42 months followed by 20 years of operation & maintenance.

The desalination process will produce clean drinking water which will be further distributed by CMWSSB to the residents of South Chennai.

With the 400 MLD SWRO desalination plant, Wabag will be responsible for about 70% of the water production through desalination in Chennai.

Shailesh Kumar, CEO – India Cluster said, "Wabag has won this order against Global competition reinforcing our technological superiority and competitiveness in the Global Desalination space. The project when completed will not only be a landmark project for Wabag, but a testament to Tamilnadu's commitment to building Water security for Chennai and the State, making it a model for the whole country."

Being a pure-play water technology multinational, Va Tech Wabag offers a complete range of technologies and services for total water solutions in both municipal and industrial sectors.

On a consolidated basis, net profit of Va Tech Wabag rose 6.75% to Rs 47.14 crore and net sales declined 12.60% to Rs 651.56 crore in Q3 December 2022 over Q3 December 2021.

Shares of Va Tech Wabag rose 0.81% to Rs 336.55 on Wednesday, 29 March 2023.