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VA Tech Wabag Bags $272 Million Yanbu Desalination Project

Written by: Nikitha DeviUpdated on: 24 Jul 2025, 6:14 pm IST
VA Tech Wabag wins a $272 million deal to build a 300 MLD desalination plant in Yanbu, Saudi Arabia, boosting water security under Vision 2030.
VA Tech Wabag Bags $272 Million Yanbu Desalination Project
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VA Tech Wabag Limited has been awarded a prestigious contract to design, engineer, supply, construct, and commission a 300 Million Litres per Day (MLD) Sea Water Reverse Osmosis (SWRO) Mega Desalination Plant at Yanbu, Saudi Arabia.

The order, valued at approximately USD 272 million (SAR 1,019 million/₹2,332 crore), was granted by the Saudi Water Authority (SWA).

Scope and Project Details

The Yanbu Desalination Plant will be developed on a greenfield site along Saudi Arabia’s west coast. The project will involve complete execution, from design and engineering to construction and commissioning, ensuring a state-of-the-art facility to cater to the region’s growing water needs.

Once the contract signing process is completed, the effective date for execution will be announced, with the project scheduled for completion within 30 months from that date.

This project reinforces VA Tech Wabag’s global presence in the desalination sector, where the company has already executed several large-scale projects, providing sustainable water solutions in water-stressed regions worldwide.

Significance of the Deal

At USD 272 million, the Yanbu SWRO Plant project marks one of VA Tech Wabag’s largest international contracts in recent years. The facility, capable of delivering 300 MLD of potable water, will significantly boost Saudi Arabia’s efforts to ensure water security for its citizens and industries.

The project also reflects the Kingdom’s commitment to infrastructure development under its Vision 2030 initiative, where desalination plays a key role in addressing water scarcity.

Commenting on this success, Mr. Rohan Mittal, Head of Strategy and Business Growth for GCC said, “We are immensely proud to have emerged successful in this prestigious project not just once, but twice. This repeat success underscores the strength of our technical competence, competitiveness and our deep-rooted capabilities in executing large and complex desalination projects.”

He further added, “This prestigious project, aligns with and contributes to the ambitious goals of Saudi Vision 2030 and reinforces WABAG’s global leadership in the desalination sector.”

VA Tech Wabag Share Price Performance

On July 24, 2025, VA Tech Wabag share price (NSE: WABAG) opened at ₹1,638.00, up from its previous close of ₹1,593.00. At 12:41 PM, the share price of VA Tech Wabag was trading at ₹1,599.60, up by 0.41% on the NSE.

Also ReadWabag Secures Orders Worth ₹360 Crore!

Conclusion

This major win strengthens VA Tech Wabag’s leadership in the global desalination market and highlights its expertise in delivering large-scale water solutions. Once completed, the Yanbu project will contribute significantly to Saudi Arabia’s water infrastructure and sustainability goals.

 

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.

Published on: Jul 24, 2025, 12:42 PM IST

Nikitha Devi

Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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