IDE takes Hadera with rock-bottom price
- From: Vol 7, Issue 10 (October 2006)
- Category: General
- Region: Middle East
- Related Companies: Aqualia, Bank Hapoalim, Bank Leumi, Espirito Santo, Granite Hacarmel Investments, Housing & Construction Holding Co, HVB, IDE Technologies, Inima and Tahal Group
A weak dollar, international financing and technological advances prove the winning combination for IDE.
IDE & Housing and Construction beat off international competition to win the 273,973m3/d desalination plant at Hadera on 18 September, hitting a rock-bottom price of NIS2.56 ($0.58/m3).
“The price is the lowest for water from a desalination plant anywhere in the world,” said Yaron Zelicha, finance ministry accountant general. It is just over $0 ...
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