ACWA Power wins Abu Dhabi’s Al Taweelah desalination plant deal

31/01/2019 Argaam


Riyadh-based ACWA Power has been awarded a contract to build Al Taweelah desalination plant by Abu Dhabi Water and Electricity Authority (ADWEA), MEED reported.

The Saudi utility submitted the lowest bid for the independent water project (IWP) project at AED 8.26 per thousand gallons.

A consortium of France’s Suez International Power SA Dubai Branch (Engie) along with Japanese Marubeni Corp came second with AED 8.61 per thousand gallons.

The Abu Dhabi project, for reverse osmosis capacity of 200 million imperial gallons a day (909,000 m3/d) at Al Taweelah power and water complex, will raise the emirate’s proportion of desalinated water from 13 percent to 30 percent by 2022, Argaam reported.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts