- From: Vol 12, Issue 11 (November 2011)
- Category: Brief
- Region: Middle East
Iran, Islamic Republic of, Israel, Oman, Saudi Arabia and United Arab Emirates
- Related Companies: ACWA Power, Amiad Filtration Systems, Citigroup, Electricity Holding Company, Haya Water, JP Morgan, Maybank, Merrill Lynch, Mizuho Corporate Bank, National Water Company , Standard Chartered Bank, TAQA and World Bank
* Omar Al Wahaibi, the chief executive of Haya Water, has left the Muscat wastewater controller to join Oman’s Electricity Holding Company.
His role will be filled on a temporary basis by general manager for projects Abdullah Al Hashimi while a longterm replacement is sought, a Haya Water spokesman told GWI.
* Saudi Arabia’s National Water Company will be formally opening the Jeddah sewerage network on 26 November. The first stages of the system will see 120,000 homes connected to the network, and included the building of 950km of tunnels, and the construction of four wastewater treatment plants with a combined capacity of 450,000m3/d. The day also marks the deadline for expressions of interest in NWC’s latest wastewater project in Jeddah (see Reuse Tracker p55).
* The World Bank has agreed to provide $330 million for two planned wastewater treatment facilities in Tehran, Iran. The two contracts, which have an estimated combined budget of $1.2 billion, follow on from the 450,000m3/d South Tehran WWTP awarded under a five-year designbuild- operate contract to VA Tech Wabag in 2010.
* Regional power and water developer ACWA Power has closed its $300 million Murabaha Islamic debt facility. JP Morgan and MayBank Berhad joined Standard Chartered, Citigroup, Merrill Lynch and Mizuho in providing the finance. ACWA aims to double its water production portfolio to 5 million m3/d and treble its power capacity to 30,000MW over the next four years.
* Abu Dhabi national energy company Taqa saw third-quarter revenues at its power and water division rise 4% year-onyear to AED2 billion ($545 million), following the commissioning of the Fujairah 2 and Shuweihat 2 plants in 2011. Taqa owns stakes in all of Abu Dhabi’s string of IWPPs.
* Amiad Water Systems, the Israeli filtration specialist, has set up a division aimed at selling to the European market with the establishment of Amiad Water Systems Europe SAS. The new group was announced at the Aquatech trade show in Amsterdam and is aimed at extending the company’s presence in France to the rest of the continent.