VA Tech Wabag's ₹2,332 Crore Saudi Desalination Project Tender Cancelled

Indian water technology company VA Tech Wabag has disclosed the cancellation of a major seawater desalination project tender at Yanbu, Saudi Arabia, valued at approximately ₹2,332 crore.

The company had received a Letter of Award from the Saudi Water Authority in July 2025 for the design, engineering, supply, construction and commissioning of a 300-million-litres-per-day desalination plant.

Following the award, Wabag completed the required formalities and submitted the executed contract for the customer's countersignature and formal project commencement. However, the Saudi Water Authority subsequently notified tender participants through its Etimad procurement platform that the tender had been cancelled for internal reasons.

Wabag is seeking clarification from the authority regarding the cancellation and its implications. The company has not disclosed a financial impact.