Schneider Electric, Seven Seas in talks with gov’t over new desalination plant

The Ismail Cabinet is in talks with France’s Schneider Electric and the US’ Seven Seas Water over the construction of new desalination plants, Al Borsa reports. Seven Seas will be responsible for arranging financing and selling processed water back to the government under a 20-year agreement, said Schneider Electric's Energy Director for North East Africa and the Levant Khaled Kamel. He added that the stations will be constructed over several phases, the first of which will process 300 cbm of water per day. Negotiations are ongoing to settle on a price per cbm. Details on the investment value and project timeline were not disclosed.