# 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.

- Type: Contract
- Announced: 2021-02-18
- Where: Kolkata, West Bengal, India, India
- Value: $78.0M (5.75B INR)
- Status: announced
- Capacity: 187 MLD
- Products: sewage treatment plants, wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Va Tech Wabag](https://endata.com/companies/4508.md)
- [International Finance Corporation](https://endata.com/companies/12849.md) (investor)
- [Kolkata Metropolitan Development Authority](https://endata.com/companies/31270.md) (customer)
- [Tata Cleantech Capital Limited](https://endata.com/companies/53326.md) (investor)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/ifc-tccl-and-eversource-to-back-wabag-s-hybrid-annuity-model-project-121021800444_1.html), 2021-02-18: "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)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.