Highlights

• WABAG consortium secured a large international wastewater treatment project in UAE.
• The Ajman Sewage Biorefinery Plant project is scheduled for completion within 24 months.
• WABAG shares rose 1.99 percent following the order announcement.

VA Tech Wabag Limited (NSE:WABAG) announced that a consortium led by the company has secured a large international order for the proposed Ajman Sewage Biorefinery Plant – Phase 3 in the United Arab Emirates. The contract has been awarded by Ajman Sewerage (Private) Company Limited and marks WABAG's entry into the UAE market.

Following the announcement, WABAG shares traded at INR 1,575.00 on June 9, 2026, up INR 30.00 or 1.99 percent from the previous close of INR 1,544.30. Investors tracked the development as the order expands the company's presence within the Gulf Cooperation Council (GCC) region.

Project Scope Covers Wastewater Treatment Infrastructure

Under the contract, the consortium will undertake the design, engineering, procurement and construction of a 60 MLD Sewage Treatment Plant. The project scope includes inlet works, primary and secondary treatment systems, and sludge management facilities comprising digesters, gas holders, scrubbers and power generation systems.

The facility will also include odor control systems and disc filtration units to meet treated effluent quality requirements. According to the company, the plant will utilize advanced mechanical and biological treatment processes based on the Activated Sludge Process (ASP), alongside tertiary treatment through disc filtration systems. The project is expected to be completed within a period of 24 months.

Source: Company Filing

Strategic Entry Into the UAE Market

The order represents WABAG's first project in the UAE and adds another geography to its Middle East operations. According to the company's exchange filing, the development strengthens its position in the regional water infrastructure market and enhances its ability to pursue additional opportunities across the GCC region.

The company classified the contract as a "Large" international order. Under its disclosed classification framework, a large international order represents a project value ranging between USD 30 million and USD 75 million.

The filing also stated that neither the promoter group nor related entities have any interest in the awarding company, and the contract does not fall under related-party transactions.

Management Commentary on the Development

Commenting on the order win, Mr. Rohan Mittal, Head – Strategy and Business Growth – GCC, said:

"This project marks our strategic entry into the UAE market and represents an important milestone in our Middle East growth journey, a region we have identified as a key growth engine for the future. Beyond expanding our geographic footprint, this project reinforces our ability to compete and succeed in one of the world's most dynamic and strategically important water infrastructure markets. The UAE's sharp focus on water security, sustainability, and infrastructure resilience creates a strong long-term opportunity landscape, and this win positions us well to participate meaningfully in the region's next phase of growth."

Key Risks to Monitor

• Project execution delays may affect completion timelines.
• Cost inflation could impact project profitability.
• Currency fluctuations may influence international project economics.
• Regulatory and contractual risks remain relevant in overseas projects.

Today’s Share Performance

VA Tech Wabag shares were trading at INR 1,575.00 as on June 9, 2026, up 1.99 percent from the previous close of INR 1,544.30. The stock opened at INR 1,585.00 and moved between INR 1,566.90 and INR 1,603.30 during the session. The VWAP stood at INR 1,584.17.

Source: TradingView

Summary

VA Tech Wabag (NSE:WABAG) has secured a large international contract for the Ajman Sewage Biorefinery Plant – Phase 3 in the UAE through a consortium arrangement led by the company. The project includes the construction of a 60 MLD sewage treatment facility and is scheduled for completion within 24 months.

Following the announcement, WABAG shares gained nearly 2 percent as investors assessed the significance of the company's entry into the UAE water infrastructure market.

FAQs

Q: What project has VA Tech Wabag secured in the UAE?
A: The company secured a Design and Build contract for the Ajman Sewage Biorefinery Plant – Phase 3.

Q: What is the size classification of the new order?
A: The project has been classified as a Large international order valued between USD 30 million and USD 75 million.

Q: How long will the Ajman project take to complete?
A: According to the company, the project is scheduled to be executed within 24 months.