UAE’s Dubai Electricity and Water Authority (DEWA) received the proposals for Hassyan Independent Water Producer project (IWP).
Two developers has sumitted the proposals for the 120 Million Gallons Per Day (MIGD) IWP project.
- Consortium of the UAE’s Utico FZC and Ghantoot group submitted the price of $0.306 per cubic metre.
- Consortium of Saudi Arabia’s Acwa Power and Kuwait’s Gulf Investment Corporation (GIC) submitted the price of $0.318 per cubic metre.
The submitted lowest tariff is sets the world record in terms of the low levelized water cost.
The plant will be designed using Sea Water Reverse Osmosis (SWRO) technology.
Earlier during October 2019, DEWA has issued the RFP to nine prequalified developers. (read more).
This will be the first water desalination project that DEWA will execute on the basis of Independent Water Producer (IWP) model.
DEWA stated in a statement that, it has adopted IWP for the Hassyan desalination plant, following the success of the Independent Power Producer (IPP) model at the Mohammed bin Rashid Al Maktoum Solar Park projects.
The SWRO project is expected to start operations in 2023. The SWRO desalination plant will use the most efficient, proven and reliable state-of-the art technology. The plant will provide a sustainable supply for DEWA’s water network.
Earlier during May 2019, DEWA has appointed UK’s EY as lead and financial adviser for the project, UK-based CMS as legal adviser and Canada’s WSP as technical adviser.
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