KSA

Saudi Arabia has cancelled a $317 million mega seawater desalination plant, VA Tech Wabag said in a regulatory filing on the Bombay Stock Exchange (BSE).

“The customer has notified all tender participants on 16 December 2024, that the said tender stands cancelled pursuant to their internal administrative procedures,” the company said.

The company was awarded the contract for the 300 million liters per day (MLD) seawater reverse osmosis desalination plant in September from the state-run Saline Water Conversion Corporation (SWCC).

VA Tech Wabag said it is engaging with the […]

The planned setup encompasses an ammonia Rankine cycle, an organic Rankine cycle, an absorption chiller, a desalination unit, and a proton exchange membrane electrolyzer, resulting in reduced irreversibility and emissions.

The system’s capability is examined concerning exergy, energy, environmental, and economic aspects using Aspen HYSYS software. Furthermore, a comparative study is conducted between different optimization scenarios. According to the attained outcomes, maximizing vapor production requires a reduction in seawater flow.

Additionally, increasing the seawater flow rate is ineffective in the proposed process, as vapor from the desalination unit drives heat […]

Text copieSaudi Arabia has made strides in water desalination, improving efficiency by 80 per cent and slashing costs by 50 per cent in recent years, according to Mansour bin Hilal Al-Mushaiti, the Kingdom’s Deputy Minister of Environment, Water, and Agriculture.

Daily desalination output has surged to 6 million cubic metres, contributing to a total capacity of 11.3 million cubic metres. This leap forward has been made possible by expanding water transmission networks, now spanning over 14,000 km, equivalent to double the length of the Nile River, overcoming challenging terrains to deliver water nationwide.

Saudi-listed ACWA Power, the world’s largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, today announced its consolidated financial results for the nine months ended 30 September 2024.

Operating income before impairment losses and other expenses reached SAR 2,365 million, 12.5% higher compared to the same period in 2023 mainly on account of an investment gain in restructuring of a project, along with a capital recycling gain. The Company’s net profit—attributable to equity holders of the parent—reached SAR 1,255 million for the period, 16% higher compared to […]

Saudi Arabia faces a severe water scarcity crisis. The country’s annual water consumption reaches 30 billion cubic meters, while it produces only about 2 billion cubic meters of surface water each year. As a result, seawater desalination has become essential for supplying water, especially in urban and industrial areas. Yet, this solution is energy-intensive and largely powered by fossil fuels, which adds both economic and environmental costs. To address these challenges, ATESS has introduced an innovative solar-powered energy storage solution designed to make desalination more sustainable and accessible.

(Source)

A consortium of Neom subsidiary Enowa, Japan’s Itochu and France’s Veolia signed a JDA for the scheme in December 2022, approximately six months after they signed a memorandum of understanding to develop the renewable-energy powered advanced seawater reverse osmosis project in Oxagon, Neom’s industrial cluster.

The scope of the JDA covers the first phase of the project with a desalination plant that can produce 500,000 cubic metres a day (cm/d) of desalinated water by 2030.  

(Source)

The 600,000 cubic metres per day (m3/day) desalination project, located in the Eastern Province, will also include an electrical substation and is expected to start commercial operations in the first quarter of 2028, SWPC said in a statement last week.

(Source)

Shares of Va Tech Wabag surged 8.24 percent on Friday, hitting a two-week high of ₹1,394 per share, after the company announced it had secured a significant ₹2,700 crore order from the Saudi Water Authority.

(Source)