Dubai Electricity and Water Authority (DEWA) announced on Wednesday that it has selected Ras Al Khaimah-based Utico is the preferred bidder to build and operate the 120 million gallons per day (MIGD) Hassyan Sea Water Reverse Osmosis (SWRO) Plant, the utility's first project under the Independent Water Producer (IWP) model.

DEWA said in a press statement that the project has achieved a world record with lowest levelised water tariff of 0.277 USD per cubic metre.

The project is expected to commence production in 2024.

Saeed Mohammed Al Tayer, MD & CEO of DEWA said: "We are building water production plants based on Reverse Osmosis (RO) which requires less energy than Multi-Stage Flash distillation (MSF) plants, making it a more sustainable choice for water desalination. By 2030, DEWA aims to produce 100 percent of desalinated water by a mix of clean energy and waste heat."

Al Tayer added that the project is part of DEWA's strategy to increase Dubai's water desalination capacity to 750 MIGD, from 470 MIGD at present.

DEWA released the tender for the project in October 2019 and issued a retender in May 2020.

(Writing by Syed Ameen Kader; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020