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Gray review to act as 20-year fitness test for Ofwat

The UK government this morning launched a review of water industry regulator Ofwat to assess whether it is continuing to deliver value for money.

Defra has appointed David Gray – who recently led the Transport Department’s review of regulated airports – to head up the exercise.

The review comes just months before the current terms of Ofwat chairman...

Norit X-Flow grows in Chinese desalination market

Befesa has selected Norit X-Flow to supply the ultrafiltration (UF) pretreatment technology for the 100,000m³/d Qingdao desalination project. Currently under construction and expected to be online in 2012, Qingdao is the first privately financed desalination facility in China, developed under a 25-year BOT contract. Norit has been contracted to supply 2,280...

Delhi utility CEO sets out network expansion plans

The CEO of Delhi’s water utility has set out the organisation's plans to provide water to all citizens of the city in an interview with GWI. Ramesh Negi of Delhi Jal Board also told of plans to reduce NRW and increase levels of private sector participation, as well as to extend the existing sewage network to cover the 42-45% of the city’s population not...

When beating the market consensus just ain’t enough

Shares in Chinese water treatment equipment supplier Duoyuan Global Water (DGW) were marked down by 6% in intra-day trading yesterday, despite the company announcing a robust set of Q2 results which beat the market’s EPS consensus by $0.09. DGW’s quarterly revenues rose by 37.4% to RMB293.6 million ($43.3 million), while the company swung to a net profit of...

Fate of Cayman Islands water assets in the balance

The Cayman Islands has hired a Big Four accounting firm to evaluate the water authority’s water supply assets ahead of a deal which could see them leased to the private sector for a period of 20-25 years. The government has already received one unsolicited proposal – believed to be from Consolidated Water – and an official told GWI that further...

GE unveils new cooling water optimisation tool

GE has introduced a new monitoring technology for optimising industrial cooling water systems and air conditioning applications in commercial and institutional settings. According to GE, the TrueSense platform can yield an estimated saving on total operating costs of 25% or more, when combined with the right treatment chemistry.

The data tool combines three elements:...