This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Xylem Wins Contract For The Installation Of A Biological Wastewater Treatment System In The Indian State Of Gujarat

Xylem Inc. (NYSE:XYL), a leading global water technology company focused on addressing the world’s most challenging water issues, has been awarded a contract to work with Essar Projects (India) Limited to install its Sanitaire ICEAS ® biological treatment system in a wastewater treatment plant in Jamnagar, in the Indian state of Gujarat. Xylem will be responsible for the new installation as well as providing ongoing service and maintenance for the 70 million liters per day capacity wastewater treatment plant for the Jamnagar Municipal Corporation.

The new plant will treat all the municipal wastewater in Jamnagar. The treated wastewater will be reused for non-potable industrial purposes, providing a cheaper alternative to the region’s reliance on water from the Narmada River.

Essar Projects Limited is a global engineering, procurement and construction company, and will design, build, operate and oversee this project, which is part of the integrated coastal zone management project financed by the World Bank.

“We are proud to be working with Essar Projects to install this wastewater treatment plant to help solve the water issues in Jamnagar,” said H. Bala, managing director of Xylem India. “This project showcases our extensive expertise and advanced wastewater technology solutions. We are committed to meeting our customers’ needs and are confident that we are providing the best solutions in the industry.”

Xylem in India

Xylem employs 200 people in India, and operates a manufacturing and testing facility, as well as a Research, Development and Engineering Center in Vadodara. The company also has sales and service facilities in Mumbai, Bangalore, Chennai, Delhi, Kolkata and Pune. The company has participated in a number of high-profile water projects in the power, industrial, irrigation and water and wastewater treatment sectors in India, including receipt of a contract to provide water transport systems to the Andhra Pradesh irrigation project.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs