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Wabag expands global footprint with oil & gas order worth $165 million in Russia
Va Tech Wabag, a pure-play water technology Indian Multinational Group, on Monday announced that it has secured an Engineering and Procurement (‘EP’) order worth 165 Million US Dollars (about Rs 1,230 Crore) from Amur Gas Chemical Complex LLC., (‘AGCC’) in Russia.
This technology dominant breakthrough order in the CIS region, especially in the Russian Federation also marks Wabag’s largest order in the Oil & Gas sector.
AGCC is a joint venture of SIBUR Holding Russia and China Petroleum & Chemical Corporation (‘Sinopec’), China. AGCC is set to become one of the world’s largest basic polymer production facilities, the company said in a statement.
Wabag shall be the technology and system integrator for the Integrated Treatment Facilities (Waste Water Treatment unit).
“This order from a marquee customer in the Oil & Gas sector, re-affirms our technological superiority and execution excellence, built over the years. We are proud to have secured this contract amidst stiff international competition and we are confident that this project will be another landmark reference for Wabag,” Pankaj Sachdeva, CEO – India Cluster said.
Wabag shall deploy advanced technologies to treat waste water streams. The facility will have a concentrate evaporator unit to maintain Zero Liquid Discharge (ZLD) and the sludge will be de-watered and dried. The facility will be designed to recycle & re-use the waste water released from the petrochemical unit, substituting about 25% of the raw water intake requirement. The deployment of ZLD and recycle and re-use makes the facility environmentally friendly and meets stringent environmental regulations, the company said.
Wabag shall perform the scope of Design, Engineering, Procurement, Supply and Supervision of the facilities during erection and commissioning including process & technology equipment, piping system, electrical, instrumentation / control systems and building & architectural materials.
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