Great deal or great desal?
- From: Vol 12, Issue 3 (March 2011)
- Category: Analysis
- Region: Asia
- Country: Singapore
- Related Companies: Hyflux, IDE Technologies, Keppel Corp, Public Utilities Board and SembCorp Utilities
Christopher Gasson takes his hat off to Hyflux’s Olivia Lum for her Tuas II bid.
Singapore - based Hyflux has pulled off something of a coup by securing preferred bidder status in the race to build the Tuas II desalination plant. Although the proposed “first-year water price” of US$0.35/m3 is absolute nonsense, even Hyflux’s competitors such as IDE of Israel must acknowledge that CEO Olivia Lum has put together a proposal of ...
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