{"id":555973,"date":"2021-10-05T04:00:37","date_gmt":"2021-10-05T04:00:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/"},"modified":"2021-10-05T04:00:37","modified_gmt":"2021-10-05T04:00:37","slug":"is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/","title":{"rendered":"Is ACWA Power planning to bid for desalination plants in Egypt?"},"content":{"rendered":"

<\/a> ACWA Power is eyeing desalination plants in Egypt<\/strong>, with the Saudi renewables company looking to partner with Egyptian outfits to bid for desalination projects being offered to investors by the Sovereign Fund of Egypt (SFE), Al Mal<\/a> reported yesterday, citing unnamed sources. ACWA Power denied the report when contacted by Enterprise yesterday, but the report is a reminder of the massive investment Egypt plans to make in desalination going forward.<\/p>\n

A multi-bn USD plan: <\/strong>The SFE announced a USD 2.5 bn plan<\/a> to develop 17 new desalination plants capable of producing a combined 2.8 mn cubic meters of desalinated water daily. The fund will hold a minority stake in the plants, which will be built, owned and operated by it alongside local and foreign investors.The European Bank for Reconstruction and Development and International Finance Corporation will give technical support and advise on the bidding, which is slated to begin in Q1 2022.<\/p>\n

Orascom Construction and Hassan Allam Holding <\/strong>have been reported<\/a><\/strong> to be in talks with the SFE<\/strong> to build several of the plants.<\/p>\n

The initiative aims to improve the country\u2019s water security<\/strong> as climate change, a rising population and the Grand Ethiopian Renaissance Dam threaten its water resources. Egypt receives only half of its required 114 bn cubic meters of water each year from natural sources. Some EGP 134 bn will be spent through 2050 to build desalination plants to provide 6.4 mn cubic meters of potable water.<\/p>\n

Don\u2019t count ACWA Power out of the running. The company has a significant presence in Egypt<\/strong> and has previously expressed interest<\/a> in Egypt\u2019s investment in desalination infrastructure. In April, ACWA was awarded a USD 114 mn financing package by the EBRD for its 200 MW Kom Ombo solar power plant<\/a>. The company has minority stakes in three plants in Benban and an upcoming project with the Egyptian Electricity Transmission Company to convert an electricity plant in Luxor to renewable energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

ACWA Power is eyeing desalination plants in Egypt, with the Saudi renewables company looking to partner with Egyptian outfits to bid for desalination projects being offered to investors by the Sovereign Fund of Egypt (SFE), Al Mal reported yesterday, citing unnamed sources. ACWA Power denied the report when contacted by Enterprise yesterday, but the report […]<\/p>\n","protected":false},"author":1,"featured_media":555974,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[1042,93,72,7111,150,151,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-acwa-power","tag-energy","tag-enterpriseam","tag-infrastructure","tag-renewable-energy","tag-renewables","tag-water","wpautop","entry"],"acf":{"mongo_id":"1e896f40-de35-4eb5-a5af-794da2447234","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/10\/60.jpg","photo_position":"above","related_issue":[555965],"teaser":"","voice_url":""},"yoast_head":"\nIs ACWA Power planning to bid for desalination plants in Egypt? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is ACWA Power planning to bid for desalination plants in Egypt?\" \/>\n<meta property=\"og:description\" content=\"ACWA Power is eyeing desalination plants in Egypt, with the Saudi renewables company looking to partner with Egyptian outfits to bid for desalination projects being offered to investors by the Sovereign Fund of Egypt (SFE), Al Mal reported yesterday, citing unnamed sources. ACWA Power denied the report when contacted by Enterprise yesterday, but the report […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-05T04:00:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/60.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Is ACWA Power planning to bid for desalination plants in Egypt?\",\"datePublished\":\"2021-10-05T04:00:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/\"},\"wordCount\":324,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/60.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ACWA Power\",\"energy\",\"EnterpriseAM\",\"infrastructure\",\"renewable energy\",\"renewables\",\"water\"],\"articleSection\":[\"Infrastructure\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/05\/is-acwa-power-planning-to-bid-for-desalination-plants-in-egypt\/\",\"name\":\"Is ACWA Power planning to bid for desalination plants in Egypt? 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This would\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570143,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/acwa-power-to-power-desalination-plants-with-solar-energy\/","url_meta":{"origin":555973,"position":1},"title":"Acwa Power to power desalination plants with solar energy","author":"enterpriseam admin","date":"19 March 2020","format":false,"excerpt":"Acwa Power will power its planned desalination plants in Egypt via a series of solar facilities, Country Director Hassan Amin told the local press. The cabinet announced in September that Acwa was planning to submit a proposal to establish a desalination plants, and the company last month signed an initial\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543900,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/acwa-power-in-advanced-talks-with-sfe-over-wind-farm-in-gulf-of-suez\/","url_meta":{"origin":555973,"position":2},"title":"ACWA Power in advanced talks with SFE over wind farm in Gulf of Suez","author":"enterpriseam admin","date":"23 February 2022","format":false,"excerpt":"ACWA Power in talks over c. 250 MW wind farm: Saudi renewables company ACWA Power is in advanced talks with the Sovereign Fund of Egypt (SFE) to build a c. 250 MW wind farm in the Gulf of Suez, Al Borsa reports, citing unnamed sources who claimed a contract could\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/333.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":643463,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/09\/acwa-power-to-complete-first-phase-of-its-sczone-green-hydrogen-project-in-4q-2028\/","url_meta":{"origin":555973,"position":3},"title":"ACWA Power to complete first phase of its SCZone green hydrogen project in 4Q 2028","author":"enterpriseam admin","date":"9 September 2024","format":false,"excerpt":"The renewables developer is also looking to invest in desalination projects in Egypt in the coming period","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/561.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":585927,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/a-very-long-shortlist-underscores-tons-of-interest-in-desalination-projects\/","url_meta":{"origin":555973,"position":4},"title":"A very long shortlist underscores tons of interest in desalination projects","author":"enterpriseam admin","date":"2 May 2023","format":false,"excerpt":"SFE wants to sign contracts for 3-4 plants by 3Q","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/85.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570291,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/25\/your-top-5-infrastructure-news-of-the-week\/","url_meta":{"origin":555973,"position":5},"title":"Your top 5 infrastructure news of the week:","author":"enterpriseam admin","date":"25 March 2020","format":false,"excerpt":"Your top 5 infrastructure stories of the week: Gas prices: The government lowered the price of natural gas for industry to USD 4.50 \/ mmBtu. The new price will be reflected in bills for this month\u2019s consumption.Metro work suspended: Arab Contractors temporarily suspended its work on phase 4B of Cairo\u2026","rel":"","context":"In \"ACWA Power\"","block_context":{"text":"ACWA Power","link":"https:\/\/enterpriseam.com\/egypt\/tag\/acwa-power\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555973"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555973\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555974"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555973"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555973"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}