The Egyptian government is in talks with a consortium comprised Dubai-based Metito Holdings Ltd, Norway’s Scatec ASA, and Orascom Construction PLC (ORAS) over a $1.5 billion renewables-powered desalination plant, Bloomberg reported.

This move comes as part of Egypt’s strategy in addressing possible water shortages.

The consortium is seeking to partner up with the Sovereign Fund of Egypt on setting up the plant, which would follow a build-own-operate-transfer system (BOOT), according to Managing Director of Metito for Africa Karim Madwar.