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28/04/2026 03:17 AST
A consortium of India-based VA Tech Wabag, a global leader in water and wastewater treatment solutions, and Heavy Engineering Industries and Shipbuilding Company (Heisco) has been awarded a major contract worth KD114.2 million ($370 million) by Kuwait's Central Agency for Public Tenders (CAPT) for the Doha Seawater Reverse Osmosis (SWRO) Desalination Plant with Re-carbonation System (Stage-2) project.
The project scope includes supply and erection with operation and maintenance services for the plant being developed by the Ministry of Electricity & Water & Renewable Energy.
The contract, awarded on behalf of the Ministry of Electricity & Water & Renewable Energy, is for a total project duration of 96 months, which includes supply, erection, and operation & maintenance (O&M) services.
The Doha SWRO Desalination Plant (Stage-2) will incorporate advanced reverse osmosis technology along with a re-carbonation system, enhancing water quality and operational efficiency.
The contract win comes following the earlier announcement in which the VA Tech Wabag-Heisco JV had emerged as the lowest bidder for the project.
The project marks a significant milestone in Kuwait's ongoing efforts to strengthen its water infrastructure and ensure sustainable potable water supply to meet growing demand.
It aligns with Kuwait's broader strategy to adopt energy-efficient and environmentally sustainable desalination solutions, said the statement from CAPT.
Once completed, the project is expected to play a vital role in supporting Kuwait's water security objectives and long-term development plans, it added.
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 7.25 | -0.04 (-0.55 |
| MODON | 3.06 | 0.04 (1.32 |
| SALIK | 5.54 | -0.02 (-0.36 |
| ADNOCLS | 5.27 | -0.02 (-0.38 |
| AIRARABIA | 5.19 | 0.00 (0.00 |
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