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WABAG secures Financial Closure of NMCG Project and ties up Investment Partner Posted On: 2021-02-17 11:34:56 (Time Zone: Arizona, USA) VA TECH WABAG LIMITED ( WABAG ), a leading Pure Play Water Technology Indian Multinational Company has completed the Financial Closure for its Hybrid Annuity Model ( HAM ) project received from Kolkata Metropolitan Development Authority ( KMDA ). WABAG had earlier signed a Rs. 575 Crore HAM concession agreement under the Namami Gange programme administered by the National Mission for Clean Ganga (NMCG ) which included the scope of engineering, supply and construction of new sewage treatment plants, renovation and up-gradation of existing sewage treatment plants, rehabilitation of pumping stations and other associated infrastructure in Kolkata. WABAG will execute Engineering, Procurement and Construction ( EPO ) portion of this project over 24 months followed by O&M of 15 years. Once complete, the project with a cumulative wastewater treatme

West bengalUnited statesUnited kingdomPrasanth prabhakaranJun zhangNamami gangeManish chourasiaDhanpal jhaveriAviralta nirmaltaTata cleantech capital limitedGreen growth equity fundNational investmentTata cleantech capitalClean ganga missionPure play water technology indian multinational companyInternational finance corporation