Mubadala, Acwa to develop $891 million water project

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Mubadala, Acwa to develop $891 million water project

Abu Dhabi - This is the first time Abu Dhabi is building a water desalination plant independent of a power generation plant.

By Reuters

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Published: Wed 11 Sep 2019, 10:00 PM

Last updated: Thu 12 Sep 2019, 1:00 AM

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 Wednesday.
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.


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