Plugging in Israel’s new wave of desal plants
- From: Vol 10, Issue 12 (December 2009)
- Category: General
- Region: Middle East
- Country: Israel
- Related Companies: Mekorot
Mekorot will have to step up its investment in order to link the new wave of Israeli desal plants to the national water carrier. Even with a 40% tariff hike, the sums still don’t add up.
Mekorot CEO Ido Rosolio is concerned that the Israeli government’s plan to raise water prices by 40% will not be enough cover the increased costs his company is facing to build new infrastructure and upgrade the existing network.
The state-owned bulk water supplier will have to invest more than $1 billion over the next four years, which represents “more ...
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