Friday, April 19, 2024
News

Wabag bags Rs 1,230 crore engineering order for Russia-China joint venture

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Chennai (Tamil Nadu) | August 2, 2021 6:15:29 PM IST
Water technology major Va Tech Wabag has bagged a Rs 1,230 crore engineering and procurement order from Amur Gas Chemical Complex (AGCC), a joint venture of Sibur Holding Russia and China Petroleum & Chemical Corporation.

AGCC is set to become one of the world's largest basic polymer production facilities, Wabag said in a statement on Monday.

The company will deploy advanced technologies to treat waste water streams. The facility will have a concentrate evaporator unit to maintain zero liquid discharge, and the sludge will be de-watered and dried.

The facility will be designed to re-cycle and re-use waste water released from the petrochemical unit, substituting about 25 per cent of raw water intake requirement.

This technology dominant breakthrough order in CIS region marks Wabag's largest order in the oil and gas sector.

Pankaj Sachdeva, CEO of India cluster at the company, said the order from a marquee customer in oil and gas sector re-affirms the company's technological superiority and execution excellence built over the years.

"We are proud to have secured this contract amid stiff international competition. We are confident that this project will be another landmark reference for Wabag." (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
'Con/temporality: Contemporary Aesthetic...
Awaraj transforming the old footwear ind...
Non-Life Insurance Booms: Health premium...
Stock market plunges amid escalating Ira...
India's economic growth set to soar by 6...
The Wait is Over, MTG Launched the Revis...
More...
 
INDIA WORLD ASIA
'DMK, AIADMK has spent 1000 crores in Co...
LS polls phase one: Sadhguru casts his v...
'Strong foundation of 'Viksit Bharat' wi...
'Vote on work, not on religion': TMC's J...
'Rajasthan will repeat history of 2014 a...
'Congress not going to get even 30 seats...
More...    
 
 Top Stories
"Always a bit more chaos involved":... 
Home Minister Amit Shah files nomin... 
MI skipper Hardik Pandya fined Rs 1... 
LS polls: World's shortest living w... 
"It is INDIA versus NDA all over co... 
Tamil Nadu Governor RN Ravi casts v... 
Congress candidate Piya Chowdhury a... 
Pakistan: Imran Khan's interim bail...