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Wednesday, February 12, 2025

Ticker Tape Construction January 2025

International Ticker January 2025

VA TECH WABAG  a leading pure-play water technology Indian Multinational Group, continues to expand its presence and strengthen its leadership position in the African Continent with Design, Build & Operate (DBO) order worth ~ Euro 78 Million (~ Rs.700 Crore) from Lusaka Water Supply and Sanitation Company (LWSC), multi-laterally funded by the European Investment Bank (EIB) and the Kreditanstalt für Wiederaufbau (KfW) of Germany. This strategic win marks WABAG’s entry into Zambia, further strengthening its presence in Africa and reinforcing its role as a comprehensive water solutions provider in the continent.

Under this DBO contract, WABAG will execute the Engineering, Procurement, and Construction (EPC) of two advanced Wastewater Treatment Plants (WWTPs) a 54 MLD WWTP and a 19 MLD WWTP located in Ngwerere and Chunga, Zambia. The EPC phase will span 36 months, followed by 24 months of Operation & Maintenance (O&M) to ensure sustainable performance and efficiency.

Majority of the energy needs of the WWTPs will be sustainably met through green energy sources, utilizing a combination of biogas and solar power.

WABAG’s successful track record in delivering world-class water and wastewater treatment projects, combined with its technically superior and competitive bid, played a pivotal role in securing this landmark contract in Zambia’s dynamic market.

Commenting on this remarkable order win, Guhan Kandasamy, Head – Sales & Marketing (Africa), said, “We extend our heartfelt gratitude to LWSC for their confidence in WABAG to deliver one of Zambia’s largest and most advanced sanitation projects in the recent decades. Through this project, WABAG is proud to contribute significantly to the Zambian government’s mission to enhance water and sanitation infrastructure, positively impacting countless lives.”


Larsen & Toubro’s (L&T) Heavy Engineering division has announced the acquisition of several high-value orders in both international and domestic markets during the third quarter of FY25.

On the international front, L&T won a significant LNG equipment order for a project in the United States, one of its largest LNG orders to date. Additionally, the company secured a breakthrough contract for a loop reactor in a Propane Dehydrogenation Polypropylene Plant in Turkey, showcasing its expertise in the petrochemical sector.

L&T also received a repeat order from a Saudi Arabian oil & gas customer for a revamp project for a Fluid Catalytic Cracking Unit. In Kuwait, the company was awarded an order to supply critical components for hydrocracker reactors and high-pressure heat exchangers.

In the domestic market, L&T strengthened its position in the fertilizer sector by securing contracts for three urea reactors from Southern Petrochemical Industries Corporation, Indian Farmers Fertiliser Cooperative Ltd, and Indorama India Private Ltd, marking 17 consecutive wins in the urea reactor segment.

These “significant” orders, typically valued between Rs.1,000 and Rs.2,500 crore, underline L&T’s growing footprint in various sectors, including LNG, petrochemicals, oil and gas, and fertilizers.


Engineering giant Larsen & Toubro (L&T) announced recently that its Power Transmission & Distribution (PT&D) vertical has secured new orders in India and the Middle East worth up to Rs.5,000 crore.

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