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VA Tech Wabag has secured a major contract from Nepal’s Melamchi Water Supply Development Board to design, build and operate a 255 MLD water treatment plant in Kathmandu Valley. The company’s stock was up 1% on the back of this news.
For context, a 225 MLD plant can supply enough clean water every day to meet the needs of a city with 1.5+ million people.
The deets: The ADB-funded project, valued between $30–75 million, adds another large international win to the company’s portfolio.
Wabag will build the new Sundarijal water treatment plant next to the facility it delivered in 2017. Once operational, the plant will treat water from the Melamchi, Yangri and Larke rivers, supplying safe drinking water aligned with Nepal’s national standards.
Why it matters: this is a repeat order from Nepal’s water board, reinforcing Wabag’s strong track record in South Asia. It also boosts the company’s presence in the region at a time when countries are ramping up investments to secure clean and reliable water for growing urban populations.
