Saudi’s Acwa Power is planning to submit in “the coming weeks” an offer to the government to set up water desalination plants in coastal cities, according to a cabinet statement following a meeting between Prime Minister Moustafa Madbouly, Energy Minister Mohamed Shaker, and Acwa Chairman Mohammad Abdullah Abunayyan. This would be Acwa’s first desalination venture in Egypt. The company has been a household name in recent years for its work on several large-scale renewable and gas-powered energy plants, including a 2.3 GW gas-fired power plant in Luxor and a 200 MW solar plant in Kom Ombo in Upper Egypt. Its country manager previously said the company is planning to invest USD 3 bn in the sector this year.
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