Saudi’s major order cancelled

The impacted Company is VA Tech Wabag. The order pertains to the proposed 300 mega liters per day seawater desalination plant in Yanbu, Kingdom of Saudi Arabia. VA Tech Wabag said the client notified tender participants this week that the said tender stands cancelled due to some internal administrative procedures. “We are currently in touch … Read more

Gautam Adani plans to cede control to family by early 2030s

Adani Group chairman Gautam Adani, 62, plans to step down at the age of 70 and shift control to his sons and their cousins in the early 2030s, he told Bloomberg News in an interview published on Monday. When Adani retires, his four heirs – sons Karan and Jeet, and their cousins Pranav and Sagar … Read more

Is the urban water system breaking?

Bengaluru, often celebrated for being a ‘garden city’, the ‘IT capital’ of the country, and its pleasant weather, has been making headlines this year for facing a severe water crisis following the drought of 2023. The water crisis is also likely to hit other urban centres and rural areas. According to a recent weekly bulletin … Read more