Sewage Swamped India’s Drive for Desalination
India’s biggest builder of water-treatment plants, VA Tech Wabag Ltd. (VATW),expects sales to beat forecasts by rising as much as 20% annually as growing cities are overwhelmed by sewage drive government contracts. The Chennai-based company, a former unit of Siemens AG, has surged 36% this year on orders to construct water- cleaning plants for French cities, a solar polysilicon factory in Qatar and a petroc ...
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