United Arab Emirates : Adwea announces $1.2bn project to build desalination plant.
The Abu Dhabi Water and Electricity Authority (Adwea) has unveiled a $1.2-billion project for the construction of the worlds largest water desalination plant in the UAE emirate, with operations scheduled to start in October 2021.
Adwea said the project will be sited in the Al Taweelah Power Complex, 45 km north of Abu Dhabi, and generate 200 million gallons of water per day using reverse osmosis technology.
Plans require to develop, finance, build, operate, maintain and own the facility.
Adwea invited express their interest from partnership and developers to participate in this project, according to the independent product model applied by the authority within the privatisation programme, in partnership with the private sector.
Under this scheme, Adwea is looking to own a 60 per cent stake in the project, while the private sector developer will own 40 per cent.
Abdullah Ali Musleh Al Ahbabi, chairman of Adweas board of directors, said, "This project is in line with the leadership's vision for a comprehensive development, in which Adwea will play a vital role by setting up water and electricity infrastructure projects across the UAE."
He noted that the power industry is the second largest sector in Abu Dhabi after oil and gas, with a total capacity of 16,922 megawatts per day and 960 million gallons of fresh water per day.
[c] 2017 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
|Printer friendly Cite/link Email Feedback|
|Date:||Jan 20, 2018|
|Previous Article:||United States : LTI Paves the way for Digital Transformation at MPPMCL.|
|Next Article:||Bermuda : Argo Group Renews Harambee Re Sidecar for 2018.|