Tag: Finance
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Malakoff ties up Al Ghubrah desalination finance
Malakoff Corporation Berhad announced on 26 July 2013 that it had signed the financing agreements of the 42 MIGD (191,000 m³/d) Al Ghubrah independent desalination project in Oman.
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Billiton clears finance for 216,000 m³/d Chile desalination
An investment of US$ 1,972 million was approved by mining giant BHP Billiton on 25 July 2013 for its 216,000 m³/d seawater desalination plant in Escondida, Chile.
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Palestinian president gets UfM Gaza desalination report
A detailed report regarding the progress of the Gaza Desalination Facility project was presented to the Palestinian president, Mahmound Abbas, at a meeting on 17 June 2013 by the Union for the Mediterranean (UfM).
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Desalitech secures another US$ 5 million funding
Desalitech, provider of Closed Circuit Desalination (CCD™) reverse-osmosis (RO) desalination technology, announced on 11 June 2013 that it secured an additional US$ 5 million equity funding from Liberation Capital and its institutional investors.
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Japan funds desalination for four Fiji islands
The Water Authority of Fiji in the South Pacific announced on 29 May 2013 that four of Fiji’s outer islands will now be using desalination plants as an alternative water-supply source.
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Reclamation funds reuse in California and New Mexico
Five congressionally authorized water reclamation and reuse projects in California and New Mexico, USA, will receive cost-shared funding for planning, design and construction of their projects, following a Bureau of Reclamation announcement on 21 May 2013.
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China desalination chief calls for more state support
The lack of an effective pricing mechanism for water produced by desalination and support for an operable policy is affecting the development of the country’s seawater desalination industry, according to Li Linmei, director of the Institute of Seawater Desalination & Multipurpose Utilization in Tianjin, part of the State Oceanic Administration.
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Audit says Adelaide desal expansion failed cost/benefit test
The awarding of two federal grants totalling Aus$ 328 million (US$ 333 million) for the Adelaide Desalination Plant (ADP) in South Australia has been heavily criticised in report published on 7 May 2013 by the Australian National Audit Office (ANAO).
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Indian ministry seeks to get LTTD program going again
Revised cost estimates for the six additional low temperature thermal desalination (LTTD) plants to be built at different locations in India’s Lakshadweep Islands area are being prepared by the National Institute of Ocean Technology (NIOT).
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IDA invites Channabasappa scholarship applications
Applications have been invited by the International Desalination Association for its Channabasappa Memorial Scholarship, which seeks to encourage engineers and scientists to further their education in subjects related to desalination and water reuse.