Signal Desk · Markets

Saudi Water Authority cancels VA Tech Wabag's ₹2,332 crore tender

2026-11-14 · 1 source · CNBC TV18 Market

In short

Saudi Water Authority has cancelled VA Tech Wabag's ₹2,332 crore Yanbu desalination project tender. The company had received the award and finished contract formalities in July 2025.

The company is now seeking clarity on the cancellation.

What the reporting says

Saudi Water Authority cancelled VA Tech Wabag's ₹2,332 crore Yanbu desalination project tender for internal reasons, after the company had received the award and completed contract formalities in July 2025. The development affects a large overseas order that had already moved through award and paperwork stages. VA Tech Wabag has sought clarity on the cancellation, according to the source summary.

Why it matters

Saudi Water Authority cancelled VA Tech Wabag's ₹2,332 crore Yanbu desalination project tender for internal reasons, after the award and contract formalities were completed in July 2025. The cancellation hits a major order in Saudi Arabia and leaves the company seeking clarity.

Touches: VA Tech Wabag, Companies, Markets

Sources