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VA Tech Secures Plant Construction Order From Bangalore Water

VA Tech Wabag Ltd. said the Indian water and wastewater management company won a seven-year, $39 million plant construction, operation and maintenance order from the Bangalore Water Supply and Sewerage Board.

VA Tech, based in Chennai, is a former unit of Siemens AG and India’s biggest builder of water-treatment plants. Its shares have surged 61 percent this year.

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