logo
VA Tech Wabag wins order worth Rs 118 crore from Bahrain's Ministry of Works for O&M of 40 MLD sewage treatment plant

VA Tech Wabag wins order worth Rs 118 crore from Bahrain's Ministry of Works for O&M of 40 MLD sewage treatment plant

Business Upturn2 days ago
By Aman Shukla Published on August 19, 2025, 08:28 IST
VA Tech Wabag Ltd (WABAG), a leading Indian multinational in water technology, has secured a repeat order worth around 5.12 million Bahraini Dinars (approximately ₹118 crore) from the Ministry of Works, Municipalities Affairs and Urban Planning (MoW), Kingdom of Bahrain.
The contract covers the operation and maintenance (O&M) of the 40 MLD Madinat Salman Sewage Treatment Plant (STP) and Long Sea Outfall for a period of five years.
WABAG had earlier executed the Engineering, Procurement and Construction (EPC) contract for the same 40 MLD STP and Long Sea Outfall, awarded in October 2015 by the Ministry of Housing, Kingdom of Bahrain. The project was completed in 2018, after which WABAG has been operating and maintaining the facility continuously since November 1, 2018.
The Madinat Salman STP is a state-of-the-art facility equipped with tertiary treatment and advanced sludge management using aerobic digestion and thermal drying technology. It also includes an automatic bagging plant to pack EPA Class A sludge from dryers for commercial sales. The treated water from the plant is reused and meets the complete irrigation requirements of 13 islands in Bahrain.
With this repeat order, WABAG continues to strengthen its presence in the Middle East by delivering sustainable water management and wastewater recycling solutions that support long-term environmental goals.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Brazil bolsters economy in response to U.S. tariffs
Brazil bolsters economy in response to U.S. tariffs

UPI

time15 minutes ago

  • UPI

Brazil bolsters economy in response to U.S. tariffs

Brazilian President Luiz Inacio Lula da Silva (R) greets Ecuadorian President Daniel Noboa during a meeting at the Planalto Palace in Brasilia, Brazil, on Monday. Photo by Andre Borg/EPA Aug. 20 (UPI) -- After Washington imposed 50% tariffs on Brazilian exports, President Luiz Inácio Lula da Silva's government launched the Sovereign Brazil Plan, a $5.5 billion emergency package combining subsidized credit and guarantees for the hardest-hit exporters. The initiative also includes tax deferrals, tax credits through 2026, expanded access to insurance against canceled orders and public purchases to absorb agricultural and industrial surpluses. The aid -- tied to preserving jobs -- is paired with a diplomatic push and efforts to open new markets to prevent production cuts and protect growth. "We cannot be scared, nervous or anxious when there is a crisis. A crisis is for creating new things," Lula said Aug. 13 as he presented the measures. According to Brazil's Ministry of Development, Industry, Commerce and Services, the 50% tariff imposed by the United States affects 35.9% of Brazilian exports to the U.S. market. That was equal to $14.5 billion out of $40.4 billion in 2024, hitting key goods such as coffee, beef and sugar. In the short term, the Sovereign Brazil Plan will serve as a liquidity and risk buffer for the hardest-hit companies, providing loans and guarantees to ease cash shortages and prevent production shutdowns. At the same time, public purchases will act as a "demand floor" for sectors facing perishability or sudden drops in orders -- including meat, fruit and seafood -- to stabilize producers' income and prevent ripple effects in transport, logistics and services. The measure also buys time for the external track of the plan: challenging the unilateral tariffs at the World Trade Organization and, foremost, diversifying markets. According to the Brazilian government, 397 new markets have opened in less than three years, expanding the customer base for "Made in Brazil" products. With partial access to the U.S. market cut off, Brazil has moved on two fronts: the BRICS/Global South and deeper trade agreements with China. According to Brazil's presidency, Lula and Indian Prime Minister Narendra Modi spoke by phone Aug. 7 to discuss the economic situation and the unilateral tariffs that have hit both countries hardest. Lula and Modi agreed to strengthen bilateral trade and pledged to expand the Mercosur-India agreement to raise exchanges to more than $20 billion before 2030. They are preparing visits and business missions to open opportunities in trade, defense, energy and technology. With China -- its main partner -- Brazil relies on a strategic relationship backed by about $4.7 billion in Chinese investment in infrastructure, renewable energy and agribusiness, helping redirect exports and reduce dependence on the dollar. At the regional level, Ecuadorian President Daniel Noboa met Monday with Lula in Brasília, where they agreed to boost bilateral trade and coordinate responses to what they see as U.S. protectionism. Brazil also signaled it was willing to lower tariffs on some Ecuadorian products hit with an additional 15% U.S. duty, which affected exports of bananas, shrimp and flowers. In recent months, Brazil has revived its Mercosur agreement with the European Union, reached a deal with the European Free Trade Association and advanced negotiations with the Gulf states and Canada, along with new contacts with Vietnam. Ricardo Alban, president of the National Confederation of Industry, called the federal government's measures positive steps to mitigate the impact of the 50% U.S. tariff on Brazilian exporters. "We welcome these measures because they address many of the demands raised by industries, federations and industry associations, and also because they include two basic principles: continuing negotiations as a priority and adopting new measures if needed," Alban said. Brazil's National Confederation of Commerce in Goods, Services and Tourism said reducing risks in foreign trade requires diversifying markets, expanding trade agreements and strengthening economic diplomacy. The group also called for steps to contain production costs, rising prices and slowing economic activity, while preserving jobs and supporting solid growth in Brazil. The International Monetary Fund projects Brazil's economy will grow 2.3% in 2025, down from 3.4% in 2024.

Wells Fargo Invests $1 Million Toward Rural Small Businesses in South Dakota
Wells Fargo Invests $1 Million Toward Rural Small Businesses in South Dakota

Associated Press

timean hour ago

  • Associated Press

Wells Fargo Invests $1 Million Toward Rural Small Businesses in South Dakota

MOBRIDGE, S.D., August 20, 2025 /3BL/ - The Wells Fargo Foundation recently announced a $1 million philanthropic investment to support small business growth across South Dakota, with a focus on empowering entrepreneurs in rural and tribal communities. The funding will be distributed evenly between Akiptan, a Native-led community development financial institution, and GROW South Dakota (GROW SD), a statewide economic development organization, providing critical resources and capital to small business owners and agricultural producers throughout the state. As Senate Majority Leader John Thune (R-S.D.) highlighted at the announcement in Mobridge, investing in rural small businesses means investing in the future of South Dakota: 'Small businesses are an essential part of the fabric of our communities and our way of life in South Dakota. They provide good-paying jobs and opportunities for so many hardworking folks across our state. This investment will go a long way in helping them grow and create new jobs, especially in rural and tribal communities.' Jason Rosenberg, head of Public Affairs for Wells Fargo, emphasized the bank's history in South Dakota at the event and the importance of community investment: 'Wells Fargo is proud to support small businesses by expanding avenues to capital as they create economic growth and bring jobs to towns throughout the state and the country. With this new funding, Akiptan and GROW SD can help more small businesses thrive in rural and tribal communities across South Dakota.' Akiptan expands opportunities for agricultural producers Akiptan's mission is to transform Native agriculture and food economies by delivering creative capital, leading paradigm changes, and enhancing producer prosperity across Indian Country. Since lending operations began in 2019, Akiptan has addressed the gap in access to capital by offering patient, non-extractive lending tailored for producers across Indian country. For Akiptan, each agricultural operation is more than just a business - it's a family legacy and a way of life. 'We are excited and humbled to receive these funds from Wells Fargo,' said Skya Ducheneaux, Executive Director, Akiptan. 'We can't wait to put these dollars to work in Indian Country by supporting agriculture operations. Especially in South Dakota, agriculture is a root-level driving force of the economy that we are proud to support.' GROW SD supports rural small business success GROW SD will directly support rural economic development by expanding access to capital and by providing business support for small business owners, enabling business growth and the preservation or creation of jobs. All participating businesses will also benefit from customized technical assistance, including one-on-one advising and targeted training in areas such as cash flow forecasting, credit counseling, and marketing. 'Access to capital remains one of the greatest challenges in our rural communities, and this collaboration allows us to deliver the critical funding and assistance that local entrepreneurs need to grow and succeed,' said Marcia Erickson, GROW SD Co-CEO. 'It is also a privilege to work alongside Akiptan in this partnership and to support its efforts in serving farm producers.' 'This $1 million investment into South Dakota from Wells Fargo will strengthen local economies and create a lasting impact across the communities we serve. We are grateful to be able to expand the reach of our work across rural communities,' Lori Finnesand, Co-CEO, added. For more information, small business owners can visit or ### Media Contacts: Maureen Nelson, GROW South Dakota, [email protected] Dawn LeBeau, Akiptan, [email protected] Kim Erlichson, Wells Fargo, [email protected] Visit 3BL Media to see more multimedia and stories from Wells Fargo & Company

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store