ACWA Power Barka
8 articles about "ACWA Power Barka"
The Ghubrah plant is the first to be listed on the stock exchange since 2013. Despite seeing a loss on its equity, departing shareholder Cadagua will be pleased with the deal.
Muscat rolls out more water projects as drought grips the sultanate Vol 16, Issue 12 (December 2015)
Just weeks after awarding the two largest desalination projects in the country’s history, Oman’s Power and Water Procurement Company has started work on three more facilities. Unceasing demand for water resources is creating a bonanza for developers.
Local lenders have provided the funding for the latest desal build-out planned to quench Oman’s thirst for fresh water. The financing agreement is a powerful sign of long-term confidence in private desalination infrastructure.
Qatari public works authority Ashghal has signed four sewage treatment contracts worth around QAR2.8 billion ($765 million) with a number of international contractors.
The latest rising demand projections from the country’s major supplier of desalinated water show that existing plants need to be expanded to satisfy demand until larger plants come online.
For the deal, closed during 2012, which represents the most significant step forward for the industry in terms of financial innovation or in meeting the demands of challenging circumstances.
Oman is taking advice on what to do when its agreements with private desal developers expire. The choice is not as simple as it might seem.
Procurement of latest Saudi desal project has turned into a vicious bidding battle. Does this mark a turning point for thermal technology?