8 articles about "Minrav Holdings"
Israel government nixes direct sale of troubled Ashdod desalination plant Vol 18, Issue 11 (November 2017)
The plant will have to be put up for auction after the authorities came down in favour of a rival buyer’s complaint.
Builders put up first offer to Mekorot to buy Ashdod desalination project Vol 18, Issue 8 (August 2017)
IVM has fired the first shot in the sale of the troubled Ashdod plant, with the construction team looking to take over the plant it built. With disputes over responsibility for construction problems and the cost of repairs still ongoing, there will be no easy solution.
Israel’s fifth large desalination plant began commercial production in late October, two years behind schedule.
Israel’s national water carrier has been identified as a prime candidate for part-privatisation. There are still questions to be answered on its relationship with the private sector
Delek, the Israeli investment holding group, has put its 50% share of IDE Technologies on the market.
Last year Israel was facing a water crisis, with drought conditions combining with stagnation at its major desal projects. A massive desalination investment plan looks likely to be more effective than authorities expected.
* Two big desalination projects with a combined capacity of 819,000m³/d have been scrapped, suggesting that the recovery in the desal market may still be some way off.
The battle between Mekorot and the Israeli finance ministry has reached epic proportions. The outcome could affect Israel’s entire desal programme.