Kuwait retenders transaction advisory role for country’s first power plant privatisation – Kuwait

Kuwait has retendered the transaction advisory (TA) role in the country’s first utilities asset up for privatisation – the North Shuaiba power and water plant – fixing a submission date of September 26 for bid submission by financial advisory firms.

The project, being overseen by Kuwait’s Supreme Council for Privatisation (SCP), first saw tender documents for advisory roles issued in June last year and received bids for the financial advisory contract in December.

The North Shuaiba plant has an estimated value of about $1.2bn and the scope for […]

Kuwait retenders transaction advisory role for country’s first power plant privatisation – Kuwait2021-08-26T14:43:38+02:00

Al Dahira water transmission system to be operational by year-end – Oman

A major water transmission project that will supply desalinated water from Suhar to towns in Al Dhahirah Governorate will be operational before the end of this year, according to an official of Oman Water and Wastewater Services (OWWC).

Eng Ibrahim bin Hamad al Hasani, Project Manager, told Oman News Agency (ONA) that the transmission project, currently 81 per cent complete, will ease the Al Dhahirah’s dependence on groundwater for its requirements of potable water. Groundwater supplies are currently sourced from the Al Massarat Basin.

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Al Dahira water transmission system to be operational by year-end – Oman2021-08-27T13:52:41+02:00

Probe Mumbai’s desalination plant project: BJP to Centre – India

The BJP has raised a red flag over the BMC’s ambitious Rs 1,600 core desalination plant project in Mumbai.

The party has asked the union environment ministry to conduct a study and come out with a report on the environmental impact of the plant on Mumbai’s coastline.

In recent letter to Union environment minister Bhupendra Yadav, BJP MLA Ashish Shelar pointed out that the United Nations has reported on the negative impact of desalination plants.

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Probe Mumbai’s desalination plant project: BJP to Centre – India2021-08-09T09:47:14+02:00

Desalination plants providing 600,000m3 of drinkable water to southern Iran – Iran

According to Hamidreza Kashfi, the one-million-cubic-meters target should be achieved under the framework of the country’s Sixth Five-year National Development Plan (2016-2021).

“Currently, the government purchases the water produced in desalination plants through guaranteed purchase deals with the investors, and with the required credit being supplied [by the government], we can supply up to one million cubic meters of drinking water in the southern regions of the country,” Kashfi explained.

The official noted that according to studies conducted in recent years, it is possible to supply drinking water to […]

Desalination plants providing 600,000m3 of drinkable water to southern Iran – Iran2021-08-06T13:35:40+02:00

Acciona secures $398m main contract for Jubail 3B Independent Water Plant in KSA – Saudi Arabia

Acciona, the Spanish infrastructure giant, has announced that it has secured the main contract worth $398 million for the Jubail 3B Independent Water Plant (IWP) in Saudi Arabia.

According to a statement, the Jubail 3B IWP plant, which is located 65km north of Dammam airport in KSA, will produce 570,000 cu m/day of potable water through reverse osmosis technology to supply the cities of Jubail and Dammam.

The plant will include storage facilities for one operational day, in addition to an in-house renewable energy capacity to reduce grid electricity […]

Acciona secures $398m main contract for Jubail 3B Independent Water Plant in KSA – Saudi Arabia2021-08-05T10:19:44+02:00

Saudi suspended world’s largest desalination and power plant privatization due to pandemic — official – Saudi Arabia

Saudi Arabia has suspended the privatization of Ras Al Khair Desalination and Power Plant due to the repercussions of the coronavirus pandemic, which slowed the responses it got from bidders, National Center for Privatization & PPP CEO Rayyan Nagadi said.

“It is clear that the pandemic repercussions affected the response of companies in the world to a project of the size of the Ras Al-Khair plant,” he said.

Suspension of the world’s biggest desalination and power plant privatization was announced by the Privatization Supervisory Committee for the Environment, Water […]

Saudi suspended world’s largest desalination and power plant privatization due to pandemic — official – Saudi Arabia2021-07-30T23:06:39+02:00

Saudi Arabia Suspends Privatization of Desalination and Power Plant – Saudi Arabia

Saudi Arabia has suspended the privatization of the Ras Al Khair desalination and power plant, one of a number of state assets that the government aimed to sell to reduce pressure on capital spending and diversify revenues away from oil.

“This decision was made in order to capitalize on knowledge and capacity built in the Kingdom as a result of many years of experience in the areas of water desalination, new technologies, R&D (research and development) and supply chains”, said the Privatization Supervisory Committee for the Environment, Water and Agriculture sectors.

Saudi Arabia Suspends Privatization of Desalination and Power Plant – Saudi Arabia2021-07-26T23:19:29+02:00

Saudi Arabia Halts $2 Billion Sale of Water Plant Stake – Saudi Arabia

Saudi Arabia has halted the sale of one of the world’s biggest water plants, which had attracted interest from investors including France’s Engie SA, in a setback for the kingdom’s privatization plans.

The Ras Al Khair desalination and power facility on Saudi Arabia’s east coast had cost more than $7 billion to build.

The government, which had been hoping to accelerate asset sales this year, blamed disruptions caused by the coronavirus pandemic.

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Saudi Arabia Halts $2 Billion Sale of Water Plant Stake – Saudi Arabia2021-07-26T23:17:57+02:00

Saudi Arabia cracks down on water pollution – Saudi Arabia

Saudi Arabia’s Ministry of Environment, Water and Agriculture began implementing the executive regulation for the protection of water from pollution across the Kingdom.

The new legislation stipulates a fine ranging from 10,000 riyals to 20 million riyals for throwing wastewater or any untreated liquid components, discharging or injecting them into groundwater or into any environmental medium.

It also states that all surface and groundwater resources are now public property, and can only be used by acquiring a licence from the country’s Ministry of Environment, Water and Agriculture.

Saudi Arabia cracks down on water pollution – Saudi Arabia2021-07-25T13:55:02+02:00

Construction on nuclear plants to be sped up – Iran

Iran is going to ramp-up construction work on two of its new nuclear power projects in Bushehr.

Ali Akbar Salehi, Vice President of Iran and head of Atomic Energy Organisation of Iran (AEOI) said that construction of two new nuclear power plants in Bushehr will be sped up.

The Iranian Central Bank is going to allocate the first installment of the budget in two weeks, he added.

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Construction on nuclear plants to be sped up – Iran2021-07-19T14:31:36+02:00
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