Water tech major Wabag secures Rs 85 crore order for Oman desalination plant
"In line with our growth strategy, this new order addition in Oman, to our already strong O&M order book provides annuity income, which helps us with improved cash flow and better revenue predictability,” said Subramaniam M, sales and business development director - GCC.
Chennai-headquartered Wabag constructed the desalination plant over 10 years ago and was responsible for the operation and maintenance (O&M) until 2018. Image source- ANI