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Vikas EcoTech signs MoU with Southern Railway for waste-to-energy plant
Vikas EcoTech Limited (VEL) has signed a Memorandum of Understanding (MoU) with Southern Railway to set up a waste-to-energy plant at Tondiarpet in Chennai. The plant will have a capacity of 500 tonnes per day and will generate 12 MW of power.
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Vikas EcoTech commissions India's first commercial plastic-to-fuel plant
Vikas EcoTech Limited (VEL) has commissioned India's first commercial plastic-to-fuel plant at its facility in Navi Mumbai. The plant has a capacity of 10,000 tonnes per year and will convert non-recyclable plastic waste into fuel.
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Vikas EcoTech partners with UN Environment Programme to promote waste management
Vikas EcoTech Limited (VEL) has partnered with the United Nations Environment Programme (UNEP) to promote waste management practices in India. The partnership will focus on developing and implementing innovative waste management solutions.
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Vikas EcoTech Limited Announces Q1 FY23 Results: Revenue up 24%, Profit up 55%
Vikas EcoTech Limited (VEL), a leading manufacturer of water and wastewater treatment solutions, has announced its financial results for the first quarter of fiscal year 2023 (Q1 FY23).
The company reported a strong performance in Q1 FY23, with revenue increasing by 24% year-on-year to Rs. 226.8 crores. This growth was primarily driven by increased demand for the company's products and services across all its segments.
Profit before tax (PBT) for Q1 FY23 also witnessed a significant increase of 55% year-on-year, reaching Rs. 39.5 crores. This growth was driven by the company's focus on operational efficiency and cost optimization.
Vikas EcoTech Limited's Q1 FY23 results demonstrate the company's continued growth momentum and its strong position in the water and wastewater treatment industry.
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Vikas EcoTech Limited Inaugurates New Manufacturing Facility in Gujarat
Vikas EcoTech Limited (VEL), a leading manufacturer of water and wastewater treatment solutions, has inaugurated its new state-of-the-art manufacturing facility in Gujarat.
The new facility is spread over an area of 50 acres and is equipped with advanced machinery and technology. It will enable the company to increase its production capacity and meet the growing demand for its products and services.
The inauguration ceremony was attended by senior officials from Vikas EcoTech Limited, government officials, and other dignitaries.
The new manufacturing facility is a significant milestone in Vikas EcoTech Limited's growth journey. It will help the company to further strengthen its position in the water and wastewater treatment industry and cater to the increasing needs of its customers.
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Vikas EcoTech Limited Bags Prestigious Order for Sewage Treatment Plant in Maharashtra
Vikas EcoTech Limited (VEL), a leading manufacturer of water and wastewater treatment solutions, has bagged a prestigious order for the construction of a sewage treatment plant (STP) in Maharashtra.
The project involves the design, construction, and commissioning of a 100 MLD STP at a major industrial hub in Maharashtra. The STP will use advanced technology to treat wastewater and meet the stringent environmental standards.
Vikas EcoTech Limited's expertise in water and wastewater treatment solutions, as well as its strong execution capabilities, were key factors in winning this order.
The project is expected to be completed within 18 months and will contribute significantly to the company's growth.
