Groundbreaking follows Singapore II desalination finance deal
05 Jul 11 by desalination
A day after Hyflux Ltd announced that it had secured financing for the second Singapore seawater desalination plant, a groundbreaking ceremony took place on 5 July 2011 at the International Water Week linked by video to the site.
Singapore’s Minister for Environment & Water, Dr Vivian Balakrishnan, was guest of honour.
Hyflux‘s wholly-owned subsidiary, Tuaspring Pte Ltd, signed a water purchase agreement in April to supply PUB, the national water agency, with 70 MIGD (318,200 m³/d) of desalinated water over a 25-year period from 2013 to 2038. Construction of the reverse- osmosis plant by Tuaspring is under a design, build, own and operate model.
PUB chief executive, Khoo Teng Chye, said, “This plant marks a significant milestone in Singapore’s journey towards water sustainability. Desalinated water is an important pillar of Singapore’s Four National Taps, and it is set to play an even bigger role. Water demand is expected to double from its current levels by 2060 and we aim to ramp up desalination capacity to meet 30% of the water demand by then.”
Hyflux announced on 4 July 2011 that Tuaspring Pte Ltd had secured financing of Sing$ 150 million (US$ 122 million) to fund the the Tuaspring Desalination Plant. The financial package was arranged by DBS Bank, Mizuho Corporate Bank and Sumitomo Mitsui Banking Corporation.
The company also announced that it is on track to securing financing for the power plant that will be installed on site.
The desalination plant is expected to commence operations in 2013 with a first-year price for the desalinated water at Sing$ 0.45/m³ (US$ 0.37/m³).
Comments
Login on register to comment
Related content

Desalination
A world leader committed to preserving resources through desalination and reuse
The Group designs
Desalination
Leading expert delivers online masterclass on membrane fouling
There is only one week left to register for this exciting new format of online event and deepen your understanding of membrane fouling in only one hour.

Desalination
Singapore International Water Week Turns 10 Years: Celebrating a Decade of Accomplishment in the Global Water Industry
The Singapore International Water Week (SIWW) is the world's premier platform to connect the water industry for innovative solutions and sustainable urban water management. The biennial event gathers stakeholders from the global water industry to share best practices
Related supplier content
Desalination
Great results with Osmotech® for RO make-up water
Reduction of total operational costs even in limit make up water conditions
Desalination
Great results with Osmotech® for RO make-up water
Reduction of total operational costs even in limit make up water conditions

Desalination
Our Project history
The list is an example of the work successfully completed by SO4 Offshore engineers