Acwa Power to submit offers for desalination plants in Egypt “in coming weeks”
Saudi’s Acwa Power is planning to submit in “the coming weeks” an offer to the government to set up water desalination plants in coastal cities, according to a cabinet statement following a meeting between Prime Minister Moustafa Madbouly, Energy Minister Mohamed Shaker, and Acwa Chairman Mohammad Abdullah Abunayyan. This would be Acwa’s first desalination venture in Egypt. The company has been a household name in recent years for its work on several large-scale renewable and gas-powered energy plants, including a 2.3 GW gas-fired power plant in Luxor and a 200 MW solar plant in Kom Ombo in Upper Egypt. Its country manager previously said the company is planning to invest USD 3 bn in the sector this year.