KHALEEJ TIMES, Thursday, Sep 12, 2019 | Muharram 13, 1441
Mubadala, Acwa to develop $891 million water project
Abu Dhabi state fund Mubadala and Saudi Arabian utility developer Acwa
Power are developing a Dh3.27 billion ($891 million) independent water
desalination plant, one of the world's largest, a senior official said on
This is the first time Abu Dhabi is building a water desalination plant
independent of a power generation plant. It has traditionally built water and
power plants side by side.
A company Independent Water Producers has been set up with Mubadala Investment
Co and Abu Dhabi Power Corp holding a 60 per cent stake and Acwa Power holding
40 per cent, a statement said.
A joint venture between Abengoa and PowerChina have been awarded the
engineering, procurement and construction (EPC) contract to build the 200
million gallon per day (mgpd) facility in Taweelah, using reverse osmosis (RO)
technology to desalinate water, the official said.