DEWA, ACWA Power announces financial close for Hassyan IWP
18 April 2024Dubai Electricity and Water Authority (DEWA) and Saudi Arabia’s ACWA Power have announced the financial closing of the 180 million imperial gallons per day (MIGD) seawater reverse osmosis (RO) desalination project in Hassyan.
This project is the world’s largest project of its kind using RO technology under the Independent Water Producer (IWP) model, with an investment of AED 3.377 billion.
The project is part of DEWA’s efforts to increase its water desalination capacity to 730 MIGD by 2030, from 490 MIGD at present.
The completion of the Hassyan IWP in 2026 will increase the emirate’s water desalination capacity to 670 MIGD.
Related
-
Japan lends $520m for Delhi metro upgrade project
8 April 2025
-
Australian Firm Glaass wins subcontract in $5 Billion Trojena Dams project
8 April 2025
-
East African crude oil pipeline project secures massive financial injection from African banks
28 March 2025
-
Mexico to spend $6.1bn on water, sewage and flood defences
20 March 2025
-
ACCIONA Energía secures financing for Aldoga Solar Plant
19 March 2025
-
Mexico’s Azteca stadium to be renovated for 2026 World Cup
18 March 2025