The company reinforces its position as a leading global player in the multi-billion dollar water recycle & reuse segment.
India: VA TECH Wabag Limited has won the prestigious Global Water Award for its 45 MLD Tertiary Treatment Reverse Osmosis (TTRO) plant at Koyambedu, Chennai. The plant bagged the Distinction Award under the “Wastewater Project of the Year” category, reinforcing its leadership in the global water industry, as per company officials.
The TTRO plant is one of the largest and most technologically advanced water reuse plants in India designed and built by a consortium comprising WABAG and IDE Technologies for the Chennai Metropolitan Water Supply & Sewerage Board (CMWSSB).
The project marks a decisive step in the direction of municipal water recycling, thereby promoting an alternative and viable model for urban water governance. The globally recognized plant will help free over 16 million m3 of freshwater each year, securing water supply for Chennai’s population of more than 10 million people.
Commenting on the importance of this global recognition Rajneesh Chopra, Global Head – Business Development, said “Water Recycle & Reuse (R&R) is projected to be the key growth driver, opening up major business opportunities by 2025. Several states in India have come up with reuse policies aiming at 100% collection and treatment of wastewater and recycling up to 70% of treated wastewater by 2025, further providing impetus to the R&R segment in India, thus opening a multi-billion-dollar market.”
Mr. Chopra further commented, “With the “One City, One Operator (OCOP)” model for wastewater management, WABAG has been a front-runner to help Urban Local Bodies (ULBs) optimize cost and time, simultaneously improving efficiency and performance of existing infrastructure as well as service to citizens. Currently managing the wastewater infrastructure in the cities of Agra and Ghaziabad, we expect other states also to follow the same model in the near future thus opening another multibillion-dollar segment in India.
Backed by its global references, demonstrated capability, and proven technological expertise, WABAG is well poised to capitalize on these two segments (R&R and OCOP) which will be the major growth drivers for WABAG, the company officials conclude.
VA Tech WABAG Limited is a systems specialist and full-service provider with a focus on the planning, installation, and operation of drinking and wastewater plants for local government and industry in the growth markets of Asia, North Africa, the Middle East, Central, and Eastern Europe states. The WABAG Group represents a leading multinational player with a workforce of over 1,600 and has companies and offices in more than 20 countries. Since 1995, WABAG has completed over 900 water and wastewater plants worldwide.
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