Water-a-environment - Water a environment

Water

TAQA secures financing for water reservoir project in Saudi Arabia

The signing took place earlier this year. (Image source: TAQA)

Together with Vision Invest and GIC, TAQA has completed all financing arrangements for the Juranah Independent Strategic Water Reservoir Project (ISWR-1) in Makkah region, Saudi Arabia.

The project cost, worth more than US$408mn (AED1.5bn), has been secured through approximately 82% debt funding from both local and international banks, including Alinma Bank, Banque Saudi Fransi (BSF), Saudi Investment Bank (SAIB) and Commercial Bank of Dubai (CBD), demonstrating strong confidence from financial partners in the consortium's financial strength and the project's strategic importance.

TAQA holds a 35% stake in the project company and a 50% shareholding in the operations and maintenance (O&M) company, led by TAQA itself.

The Juranah ISWR-1 Project is pivotal in addressing emergency municipal water demand across the Kingdom, specifically in Makkah and Madinah regions during the Hajj season. With a total storage capacity of 2,000,000 m³, being developed under a Build, Own, Operate and Transfer (BOOT) scheme, and an additional 500,000 m³ capacity operational tanks under a Design, Build, Transfer (DBT) model, the project aims to significantly enhance the potable water transmission and distribution system.

Omar Al Hashmi, CEO, transmission & distribution, TAQA, said, “Achieving financial closure for the Juranah ISWR-1 Project is a significant milestone for TAQA and our partners. This project underscores our commitment to supporting sustainable development in the region and aligns with our strategy to expand our Transmission and Distribution business internationally.”

The Juranah ISWR-1 was the fourth transmission and distribution project being explored or pursued outside the UAE last year. In December 2023, TAQA signed an MoU to explore the possibility of becoming one of the shareholders in a project to develop a 900 km high-voltage direct current (HVDC) electricity subsea interconnector project between Greece and Cyprus. Prior to that, TAQA announced a strategic MoU for a feasibility study of an HVDC onshore infrastructure project in Romania. Earlier in 2023, TAQA invested US$30mn (AED113mn) into Xlinks First Limited, which aims to lay the world’s longest HVDC subsea cables between the UK and Morocco to transport renewable power to the UK.

Bluewater Bio secures major water treatment contract in Bahrain

The contract was formally concluded and signed in Westminster, at the Department for Business and Trade (DBT) headquarters. (Image source: Bluewater Bio)

Bluewater Bio’s remarkable year-on-year growth is bolstered by yet another significant contract win, securing an upgrade of the North Sitra wastewater treatment works, valued at US$42mn (£33mn). This follows previous substantial upgrades that are now processing over 50% of the wastewater generated in the Kingdom of Bahrain

Dubai launches robot to reduce water pollution

The scraper's secondary systems include an intelligent marine survey system that identifies waste sites. (Image source: Dubai Municipality)

Dubai Municipality has unveiled its latest environmental innovation, the smart marine scraper.

Wilo highlights fiscal results for 2023

The company said that it continues to grow profitably and sustainably. (Image source: Wilo)

Pump manufacturer Wilo Group revealed its financial results for the fiscal year 2023

Veolia hosts roundtable session; aims to increase reuse of wastewater

One of the main topics of discussion was regulation, and how better laws could help develop a better ecosystem.

On Monday 6 May, Veolia Water Technologies held a roundtable session to discuss better ways to preserve and reuse water. The theme of the session centred around how wastewater can be reused multiple times, which can help in preserving existing water resources.

Technical Review Middle East caught up with the panellists to talk about this in further detail.

One of the main topics of discussion was regulation, and how better laws could help develop a better ecosystem.

Thierry Dezenclos, CEO of Veolia UAE, said that a standardisation of laws across all emirates in the UAE would help transport wastewater faster and lead to increased volumes of treated water.

“I would say one of the major issues that we face in the UAE in terms of regulation is not to have the same regulation between the different states [emirates]. That makes it difficult to organise different things.

The second thing is that we are not authorised to move waste from one emirate to another. That forces us to build many different small units in each emirate, when we could have one big facility, which is less costly.”

Restricted and unrestricted use

Dr. Titia de Mes, sustainability manager at Sustainable Water Solutions Company in Abu Dhabi, explained that stricter guidelines, which can define how water can be used, will prove to be important.

“Our business in Abu Dhabi is regulated by the Department of Energy, which means that we have to comply with their guidelines.

They [the DOE] have two schemes, giving a separate licence for each. So with this licence, we treat the water to a certain quality. If we comply, there is one quality that says restricted use and unrestricted use.

For restricted use, you can use the water when it's not exposed to the public and the unrestricted one is for use when it's for things like parks etc.

In Abu Dhabi, there's not really any specific guidelines which explain what you can use for agriculture. So for now, it will fall into unrestricted use, but I think there should be some more guidance on the regulation for the use for agriculture.”

Thierry Fromen Dr

^{From left to right: Thierry Froment, Dr. Titia de Mes, Thierry Dezenclos, Nadine Zidani, founder and CEO of Mena Impact, and Pascal Grante, CEO, Veolia Near & Middle East. (Image source: Veolia)}

Using new technology

Thierry Froment, CEO of Veolia Water Technologies Middle East, added that one of the main reasons why they have a carbon neutral sewage treatment plant in Europe is because of the cost of energy.

“The cost of energy is such that you need to do something about it to make the treatment acceptable. Here we struggle to use biogas that is produced by some sewage treatment plants because we cannot have any payback on the cogeneration for this energy.

“But at the same time, the quantity of water that is reused in the region is much more than the best in Europe, which is Spain [standing at 12%].

“We [in the UAE] are already at 71%. I think Qatar is a bit higher than that at 95%.”

He also added that waste-to-energy plants are succeeding in the region and that they will pioneer green energy and ultimately reduce carbon emissions.

Sidebar