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Va Tech Wabag JV secures a contract worth Rs 1500 crore

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Capital Market

For Effluent Treatment Plant for PETRONAS's RAPID project in Malaysia

Va Tech Wabag announced that the Company in joint venture with Muhibbah Engineering (M) Bhd, has been awarded a contract by Malaysia's national oil and gas company, Petroliam Nasional Berhad (PETRONAS) through its wholly owned subsidiary, PRPC Utilities and Facilities Sdn. Bhd. The contract is for the design competition for RE-FEED and engineering, procurement, construction and commissioning of the Effluent Treatment Plant (ETP) for PETRONAS's refinery and petrochemicals integrated development (RAPID) project in Pengerang, Johor, Malaysia.

The contract value of the ETP is about Rs 1500 crore.

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First Published: Sep 02 2015 | 4:43 PM IST

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