ST Marine joins Singapore’s homegrown desal squad

Newcomer ST Marine fought off competition from Sembcorp and Keppel to win the Jurong Island desalination plant. It is now looking to build up a water business in Southeast Asia and the Arabian Gulf. Can its success be replicated outside of Singapore?

On 6th November, Singaporean shipbuilder ST Marine, together with energy company Tuas Power, signed a 25-year water purchase agreement with Singapore’s national water agency PUB for the new Jurong Island desalination plant (JIDP). Pitching a low first-year tariff of S$0.91/m3 (US$0.67/m3), ST Marine displaced more experienced competitors Sembcorp (teamed with Suez) and Keppel to win its...

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