Rekha Jhunjhunwala Portfolio Stock Jumps 4% as Company Secures a Large International Order from the City of Vienna; Check Details

On Wednesday, Indian benchmark indices traded higher, with the Nifty 50 rising 121.35 points, or 0.51 per cent, to 23,987.10. Amid the positive market sentiment, VA Tech WABAG share price jumped 3.38 per cent to Rs 2,077 after the company announced a major international order win from Austria.

WABAG Secures Large International Order in Austria

VA Tech WABAG informed the stock exchanges that it has secured a 'Large' international order from the City of Vienna, Municipal Department MA 31 - Wiener Wasser, for the expansion of the Donauinsel Water Works in Vienna, Austria. According to the company's order classification, a Large international order is valued between USD 30 million and USD 75 million.

Under the contract, WABAG will provide the complete technology package for the new water treatment facility, including process engineering, electrical engineering, instrumentation and control systems, and building services. The project is expected to be completed and commissioned by 2030, followed by acceptance milestones.

Key Part of Vienna's Water Security Plan

The Donauinsel Water Works expansion forms a key component of the City of Vienna's "Wiener Wasser 2050" strategy, one of the city's largest drinking water infrastructure investments in recent decades. The facility will have a design capacity of up to 1,000 litres per second, equivalent to approximately 86 million litres per day (MLD).

The project will feature a modern multi-barrier drinking water treatment system, including oxidation, ozonation, advanced oxidation, filtration, activated carbon filtration and UV disinfection. Once operational, it will strengthen Vienna's long-term drinking water supply by adding a controllable groundwater-based source alongside its existing alpine spring water network, helping meet rising demand and climate-related challenges.
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Management Commentary

Commenting on the order win, Mahmut Gedek, CEO - Europe Cluster, said: "We are pleased to have secured this important project in Austria. The expansion of the Donauinsel Water Works is a landmark project for Vienna's long-term drinking water supply and a strong validation of WABAG's technological expertise. After delivering numerous international projects, we are proud to bring our know-how directly to Vienna and contribute to the city's water security for the decades ahead."

Ace investor Rekha Jhunjhunwala held an 8.02 per cent stake in VA Tech WABAG Limited as of the March 2026 shareholding pattern, making her one of the company's prominent public shareholders.

About VA Tech WABAG

VA Tech WABAG Limited is a pure-play Indian multinational water technology company specialising in the design, engineering, construction, operation and maintenance of water and wastewater treatment infrastructure for municipal and industrial clients. Headquartered in Chennai, the company operates in more than 25 countries and has designed and built over 1,500 water and wastewater treatment plants globally. WABAG offers end-to-end solutions across the entire water value chain and continues to strengthen its presence in international markets with a focus on sustainable and climate-resilient water infrastructure.

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Disclaimer: The article is for informational purposes only and not investment advice.