VA Tech WABAG Share Price in Focus; As Company and PEAK Announces 1st Bio-CNG Project in Ghaziabad

VA Tech Wabag Limited share price is expected to remain in focus after the company announced the development of its first Bio-CNG project in Ghaziabad in partnership with PEAK Sustainability Ventures.  

The Bio-CNG plant will be developed at the 70 MLD sewage treatment plant in Dundaheda, Ghaziabad under a Build-Operate-Transfer (BOT) model.  

WABAG & PEAK To Convert Wastewater into Renewable Fuel 

The project will capture raw biogas generated at the sewage treatment facility and upgrade it into renewable Bio-CNG fuel for industrial and mobility applications.  

The initiative is aimed at reducing methane emissions while creating an alternative renewable fuel source capable of replacing conventional fossil fuels.  

The company stated that the project is expected to reduce nearly 250,000 metric tons of carbon emissions over its lifecycle. Commercial operations are expected to commence within one year.  

Apart from emission reduction, the initiative is also expected to improve air quality, support local employment generation, and strengthen domestic equipment sourcing in line with the Government of India’s Atmanirbhar Bharat initiative.  

Project Strengthens WABAG’s Waste-To-Energy Focus 

Under the partnership structure, VA Tech WABAG will lead project execution and undertake operations and maintenance responsibilities for 15 years, while PEAK will provide strategic support and assist in raising climate-focused capital for scaling future waste-to-energy projects.  

The company stated that the initiative aligns with global sustainability goals linked to clean energy, responsible production, climate action, and environmental sustainability.  

Read More: VA Tech Wabag Share Price in Focus; Denies Saudi Order, Clarifies Kuwait Bid Status! 

VA Tech WABAG Share Price Performance 

As of 14 March 2026, at 9:38 AM VA Tech WABAG share price closed at ₹1,396.90 per share, reflecting a surge of 1.38% from the previous closing price. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Conclusion 

The first Bio-CNG project in Ghaziabad marks a significant step in WABAG’s waste-to-energy expansion strategy and strengthens its presence in India’s growing renewable and sustainable infrastructure sector. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.