VA Tech WABAG Limited saw its share price rise over 2% on August 21, 2025, after announcing a significant order win from RenewSys India. The ₹46.5 crore contract involves delivering advanced water technology systems for a 2 GW solar cell manufacturing facility in Hyderabad.
The order from RenewSys India Private Limited covers the design, engineering, supply, installation, and commissioning of:
The project is scheduled to be executed within 11 months.
This order marks WABAG’s entry into the solar manufacturing sector. The company highlighted that the contract strengthens its presence across UPW, ETP, and ZLD solutions, and also positions it to explore opportunities in green hydrogen, semiconductors, and other high-growth industries.
WABAG’s share price traded at ₹1,624.80, up 2.36% (₹37.40) at 11:15 AM on the NSE from the previous close of ₹1,587.40. The stock hit a day’s high of ₹1,647.50 and low of ₹1,591.60, with a VWAP of ₹1,624.12.
Read More: VA Tech WABAG Share Price in Focus; Wins Repeat International Order Worth ₹118 Crore from Bahrain.
The new order from RenewSys reflects WABAG’s growing role in providing sustainable water management solutions for high-tech industries. While the ₹46.5 crore project adds to its revenue pipeline, the long-term impact will depend on execution and future opportunities in solar and allied sectors.
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Published on: Aug 21, 2025, 1:07 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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