Economy & Market

WABAG secures Rs 1,187 Cr order under Namami Gange

Published

4 years ago

October 21, 2021

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Chennai: VA TECH WABAG LIMITED VA TECH WABAG LIMITED (‘WABAG’), a leading pure play water technology Indian multinational company, has secured a Rs 1,187 Crore worth order from Bihar Urban Infrastructure Development Corporation (‘BUIDCO’) under the prestigious National Mission for Clean Ganga (‘NMCG’) Scheme to develop Sewage Treatment Plants (‘STP’) of 150 MLD capacity along with sewerage network of over 450 km in the Digha and Kankarbagh zones of Patna, one of the most populous cities on the banks of River Ganga. This project comprises of a Design, Build and Operate (‘DBO’) scope worth Rs 940 Crore and Hybrid Annuity scope worth around Rs 247 Crore.

In Digha, the scope comprises of designing and building a 100 million litres per day (MLD) Sewage Treatment Plant (STP), Interception and Diversion Work, two sewage pumping stations and survey, redesigning and building new sewerage network of about 300 kilometers. In Kankarbagh, the scope comprises of designing and building a 50 MLD STP, Flow Diversion Works and all appurtenant structures and survey, redesigning and building new sewerage network of about 150 kilometers.

The construction of sewerage networks which represents over 80 per cent of the total contract will be executed on a DBO basis and the remaining around 20 per cent towards STPs will be implemented under HAM basis. WABAG will also be responsible for the operations and maintenance of the STPs and the sewerage infrastructure for a period of 15 years. The project will be implemented by BUIDCO with financial assistance from the World Bank under the NMCG.

Commenting on this major order win, Mr. Varadarajan S, Director & Chief Growth Officer, said “With this repeat order in Bihar, WABAG will now be responsible for sewerage infrastructure in 4 out of the 6 zones of Patna, thus testifying the trust reposed by NMCG and BUIDCO on WABAG. This project is an important step in realizing the vision of ensuring 100 per cent sewage collection and treatment in Patna. WABAG is already executing projects for BUIDCO in Pahari and Karmalichak. All these projects, on completion, will ensure a cleaner and healthier ecosystem for over 50 per cent of the population of Patna.”

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Economy & Market

Celebrating Haryana’s Wrestling Heroes: Nuvoco Concludes 45-Day ‘Sabse Khaas Pehelwaan’ Campaign

Published

2 days ago

May 7, 2025

Roshna

Nuvoco Vistas Corp Ltd., India’s fifth-largest cement group by capacity, successfully concluded the grand finale of ‘Sabse Khaas Pehelwaan’, presented by Nuvoco Duraguard Cement, on May 2, 2025, at New Delhi’s iconic Talkatora Indoor Stadium. The wrestling championship, rooted in Haryana’s rich sporting culture, was a celebration of strength, resilience, and community pride—values that mirror the essence of Nuvoco’s Duraguard Cement brand.

The 45-day campaign attracted over 1,500 participants from all 22 districts of Haryana, culminating in a high-energy finale featuring the top contenders from district-level qualifiers. The competition included freestyle bouts across multiple weight classes for both men and women. The winners were awarded cash prizes of ₹1,00,000 for first place, ₹50,000 for second, and ₹25,000 each for the joint third-place finishers. Notably, champions such as Aakash Kumar (61 kg), Jaideep (74 kg), Anirudh (125 kg), Parveen (53 kg), Neha (62 kg), and Priya (76 kg) will also be featured as micro-market brand ambassadors, deepening Nuvoco’s local engagement.

Chirag Shah, Head of Marketing, Innovation and Sales Excellence at Nuvoco, said, “Sabse Khaas Pehelwaan brought our brand closer to the heart of Haryana by uniting sport, culture, and community. This platform not only showcased remarkable athleticism but reinforced Duraguard Cement’s brand values of strength and durability.”

Manish Kumar, Head of North Sales, added, “Haryana is a vital market for Nuvoco. Through this campaign, we’ve built authentic relationships and increased brand trust at the grassroots level. It has opened new avenues for engagement and sustainable growth.”

The event’s live broadcast, combined with vibrant community events and digital outreach, created a powerful blend of cultural celebration and brand building across one of India’s most dynamic regions.

Concrete

UltraTech Cement boosts capacity with new clinker line

Published

3 weeks ago

April 21, 2025

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UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Concrete

Ambuja Cements gets a new CEO

Published

3 weeks ago

April 21, 2025

Roshna

Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

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