IN BRIEF – ISRAEL
- From: Vol 7, Issue 11 (November 2006)
- Category: Brief
- Region: Middle East
- Country: Israel
- Related Companies: Atlantium, Delek Group, Kardan Group and Tahal Group
* Israel’s Mekorot Water Company has signed a contract to purchase electricity from Delek IPP – the independent power supplier for the 330,000m<sup>3</sup>/d Ashkelon desalination facility.
The move is a boost for the power plant, which has had to contend with a year-long delay in securing gas supplies from Delek Group’s offshore gas field in the Mediterranean. This delay has imposed significant additional costs on Delek IPP, but it has not impacted the profitability of the VID consortium that owns the Ashkelon plant because the ...
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