ACWA POWER Signs $800 million Water Purchase agreement in Senegal.

ACWA Power has finalized a SR3 billion ($800 million) agreement with Senegal’s Ministry of Water for the construction of an advanced desalination plant.

The agreement entrusts ACWA Power with the full scope of the project, encompassing infrastructure development, design, financing, construction, operation, and maintenance of the Grande Cote seawater desalination plant in Senegal, West Africa. The planned production capacity for the desalination plant is 400,000 cubic meters per day.

The initial phase and financial impact are anticipated to materialize by the first quarter of 2028, with a contract duration of 32 years.

This new agreement further solidifies the ongoing collaboration between ACWA Power and Senegal. In September 2022, the company had previously signed a memorandum of understanding (MoU) with the Senegalese National Water Co. and the National Electricity Co. of Senegal.

The MoU outlined plans for the development of a seawater reverse osmosis plant with a capacity of 300,000 cubic meters per day in Grande Cote, located approximately 40 km north of the Senegalese capital.

This development marked the country’s first desalination project facilitated through a public-private partnership and the largest treatment initiative of its kind in Sub-Saharan Africa.

Source :Arab News

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