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WABAG achieves financial closure for HAM project with KMDA in Kolkata · Endata

◂ Announcements

Feb 18, 2021CONTRACTKolkata, West Bengal, India, India

WABAG achieves financial closure for HAM project with KMDA in Kolkata

VA TECH WABAG Ltd announced financial closure for its Hybrid Annuity Model project from Kolkata Metropolitan Development Authority, with debt funded by IFC and Tata Cleantech Capital Limited. The project includes EPC over 24 months and 15 years O&M, with a wastewater treatment capacity of 187 MLD.

Value

$78.0M (5.75B INR)

Status

Announced

Capacity

187 MLD

Productssewage treatment plantswastewater treatment

CompaniesVa Tech Wabag International Finance Corporation investor Kolkata Metropolitan Development Authority customer Tata Cleantech Capital Limited investor

Sectors#Water Treatment Equipment

“VA TECH WABAG Ltd ('WABAG'), a leading pure play water technology company, announced financial closure for its Hybrid Annuity Model (HAM) project received from Kolkata Metropolitan Development Authority (KMDA).”business-standard.com

1 source
business-standard.comIFC, TCCL and EverSource to back WABAG's hybrid annuity model project | Company News - Business StandardT E NarasimhanFeb 18, 2021

Summarized from public sources; check the original articles before acting on it.

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