Acciona reaches $600m financial close on Saudi desalination project – Saudi Arabia

ACCIONA, a leading company in the development of water infrastructure, together with Marubeni Corporation, Almar and Rawafid Alhadarah Holding Co., has achieved the financial close for the Shuqaiq 3 desalination plant for a total value of more than $600mn.

The transaction involved both Saudi national banking entities and a number of international organizations, reported Utilities Middle East.

Saudi banking institutions included Samba and NBC, along with the participation of international players MUFG (Agent), Crédit Agricole, Norinchukin and SMBC, with the agreement reached [
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Acciona reaches $600m financial close on Saudi desalination project – Saudi Arabia2019-05-21T13:14:48+02:00

Penetron Waterproofing Protection – Tip Top at Tocopilla

After a two-year construction period, the first clean water flowed from the Tocopilla Desalination plant in May 2019. PENETRON ADMIX was specified over a competitive crystalline admixture as a superior performing waterproofing solution for the concrete water tanks.

Part of the Empresas PĂșblicas de MedellĂ­n (EPM), a Colombian conglomerate with holdings in the water and sanitation industry, the Aguas de Antofagasta (ADASA) is a Latin American leader in water desalination.

In operation since 2003, ADASA currently provides clean water to 546,000 [
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Penetron Waterproofing Protection – Tip Top at Tocopilla2019-05-20T17:32:48+02:00

Egypt awards its largest wastewater treatment plant contract to JV – Egypt

Orascom Construction has announced that it has been awarded a $739 million contract to build a water treatment plan in Egypt. Orascom won the contract in a joint venture with Arab Contractors.

The deal was awarded by the Egyptian government through its Armed Forces Engineering Authority. The JV will provide engineering, procurement, and construction (EPC) services for the Bahr Albaqar wastewater treatment plant located in the north-western part of the country.

This will be Egypt’s largest wastewater treatment plant with a capacity [
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Egypt awards its largest wastewater treatment plant contract to JV – Egypt2019-05-19T15:38:46+02:00

Chennai: Acute water shortage puts hotels in crisis control mode – Chennai

CHENNAI: Acute water shortage has affected the hospitality industry, with hotels welcoming guests with caution notice and restaurants replacing plates with plantain leaves. Being one of the largest water guzzling sectors, hotels and restaurants largely depend on private tankers for sourcing water.

While the hospitality industry has taken contingency measures to tackle the looming crisis, hotel associations are raising concern over a possible shutdown if tankers cut down the supply. South India Hotels and Restaurants Association (SIHRA) secretary T Natarajan said that hotels [
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Chennai: Acute water shortage puts hotels in crisis control mode – Chennai2019-05-18T14:58:01+02:00

Work to commence on R15bn Amdec Group Harbour Arch precinct – Cape Town

Good news for the Cape Town property market as work is set to commence on major new developments, among them the Amdec Group’s R15bn Harbour Arch precinct.

Early purchasers will be reaping the rewards of buying into Harbour Arch, but there is still value to be had with the second tower launching this year. 

It competes on a global scale in terms of quality and innovation, which means there is a fair expectation of it yielding consistently strong returns on investment.

Work to commence on R15bn Amdec Group Harbour Arch precinct – Cape Town2019-05-17T14:46:46+02:00

Desalination plant ends contract with City of Cape Town, plans to sue – Cape Town

Quality Filtration Systems (QFS), the V&A Waterfront desalination plant owner, has terminated its water supply contract with the City of Cape Town and will pursue legal action. The City was notified of this decision on May 7, GroundUp reports.

“The City is disappointed with this unilateral decision and is now considering the legal ramifications,” the city said in a media statement on May 9.

The R60-million plant has been dormant since February, due to concerns about dirty sea water.

Desalination plant ends contract with City of Cape Town, plans to sue – Cape Town2019-05-16T15:01:01+02:00

Hyflux announces third potential investor, with letter of interest to acquire overseas assets – Singapore

Hyflux on Wednesday (May 15) announced another potential investor which has submitted a non-binding letter of interest.

The potential investor, which was not named, expressed interest in acquiring some of Hyflux’s assets in Algeria and Oman, as well as other assets in the Middle East and North African region. 

“The investor’s interest also includes the operation and maintenance activities relating to these assets,” said Hyflux in a bourse filing. 

(LINK).

Hyflux announces third potential investor, with letter of interest to acquire overseas assets – Singapore2019-05-15T14:38:55+02:00

Fluence Signs a US$10 M Contract for Brazil’s Largest Seawater Desalination Plant – Brazil

Fluence Corporation Limited is pleased to announce that it has executed a US$10 million contract for the design, engineering and construction of a 12,000 m3/day seawater desalination plant for one of the world’s largest steel producers.

The plant will be located at the customer’s steel production facility in eastern Brazil.

Construction on this Custom Engineered Solution is anticipated to commence in Q2 2019 and is expected to be operational by Q4 2020.

(LINK).

Fluence Signs a US$10 M Contract for Brazil’s Largest Seawater Desalination Plant – Brazil2019-05-14T15:20:59+02:00

Spanish-Chinese consortium lands $700mln deal for UAE desalination plant – UAE

Spain’s Abengoa announced on Monday that it has received an order, as part of a consortium with Chinese EPC contractor Sepco III, to start work on a 909,000 cubic metres per day (m3/day) desalination plant in Taweelah in the United Arab Emirates (UAE).

In a stock exchange filing, the Spanish engineering and construction firm said the desalination project is valued at more than $700 million, with the company’s share being approximately $243 million over the next three years.

In November last year, [
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Spanish-Chinese consortium lands $700mln deal for UAE desalination plant – UAE2019-05-13T15:34:32+02:00

Mumbai faces fourth water cut of 10 per cent in a decade – Mumbai

This summer, Mumbai faces a water cut of 10 per cent, its fourth in a decade. The average rainfall that Mumbai receives every year has been steadily dropping. In 2008, we received 2,508 mm of water. Last year, that figure dropped to 2,009.45 mm.

It wasn’t sufficient to fill to capacity the seven lakes which store the water supplied to the city. Until May 9, the lake levels had only 15 per cent of live stock water — 2,21,265 million litres. An additional 1,70,000 million litres [
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Mumbai faces fourth water cut of 10 per cent in a decade – Mumbai2019-05-12T14:20:41+02:00
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