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LWSC is a multi-laterally funded by the European Investment Bank (EIB) and the Kreditanstalt f'r Wiederaufbau (KfW) of Germany. 'This strategic win marks WABAG's entry into Zambia, further strengthening its presence in Africa and reinforcing its role as a comprehensive water solutions provider in the continent,' the company said in a statement. Under this DBO contract, WABAG will execute the engineering, procurement, and construction (EPC) of two advanced wastewater treatment plants (WWTPs) a 54 MLD WWTP and a 19 MLD WWTP located in Ngwerere and Chunga, Zambia. The EPC phase will span 36 months, followed by 24 months of operation & maintenance (O&M) to ensure sustainable performance and efficiency. Majority of the energy needs of the WWTPs will be sustainably met through green energy sources, utilizing a combination of biogas and solar power. Guhan Kandasamy, head - sales & marketing (Africa), said: 'We extend our heartfelt gratitude to LWSC for their confidence in WABAG to deliver one of Zambia's largest and most advanced sanitation projects in the recent decades.' VA TECH WABAG is a pure-play water technology company. It offers a complete range of technologies and services for total water solutions in both municipal and industrial sectors. The company's consolidated net profit increased 17.25% to Rs 70.60 crore on 5.30% rise in revenue from operations to Rs 700.30 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live News |