Toshiba, Foreign Players Partner for India Water

On 7 January 2014, Toshiba Corporation agreed to acquire a 26% stake in UEM India Private Limited, an environmental services company based in Noida, India that specializes in turnkey water and wastewater treatment sectors. UEM will continue to be majority (51%) owned by India Value Fund (IVFA), which acquired its stake in 2009 for US$19 million. Toshiba’s purchase has been estimated to be US$20 million. Toshiba’s role in the water sector has traditionally been in manufacturing electrical systems for water supply and sewer facilities. The company has also expanded the business into overseas markets, including China and Indonesia and has an R&D facility in Singapore.

Mahagenco Turns to Water Reuse in India

Maharashtra State Power Generation Corporation reconfirmed on 18 October 2013 the timeline for completion of a sewage treatment and water reuse plant that will supply cooling and ash handling water to two new 660 MW units at its Koradi coal power station. Mahagenco’s Koradi and Khaperkheda plants are located in Nagpur, northeastern Maharashtra state. The project, now six years under development, will be a first for a thermal power plant in India to rely exclusively on reused water for cooling and ash handling. Mahagenco’s intends to complete trial operations at Koradi by early 2015.

Global Desalination Market Trends & Ownership Strategies, 2014-2018

This Focus Report provides an incisive analysis on global desalination markets and the sector’s competitive ownership landscape. The report presents scenario-based forecasts to 2018 and examines strategies of project owners, including value chain positioning, new demand markets, and business models driving winning strategies.

Eskom Challenged on Water-Energy Tightrope

On 18 September 2013, South African state utility Eskom reaffirmed delays to the construction of the 4.8 GW Medupi coal power station located in the Waterberg district of Limpopo province, moving its deadline from December 2013 to second half of 2014 for commissioning the first turbine units. The plant already missed several key milestones in 2011-2012 due to labor unrest, faulty welding, and systems defects for controls and instrumentation and is facing additional water supply constraints from the outset.

IWPs Eyeing Chile Desalination Sector

On 3 October 2013, Chile-based AES Gener announced plans to issue debt to support increased investment in its core power business activities and an expansion into water desalination. AES Gener, an IPP, 71% owned by US-based AES Corporation with a presence in Chile, Argentina, and Colombia, is the largest thermal generator and second largest electricity generator in Chile, operating 21% of the country’s total generating capacity with 2,858 MW thermal and 271 MW hydro power.

Arab Spring Reality Reflected in Water Buildout

On 20 August 2013 Jordan’s Cabinet announced it would move ahead with the US$980M Red Sea desalination project. The government intends to float a tender before the end of 2013 to initiate project development, which is to provide with approximately 550,000 m3/d of desalinated water. Included in the project scope will be to transfer the water to Israel to defray some of the project costs and to discharge brine into the Dead Sea. It is expected that the project will be organized on a BOT or BOO basis. The Jordan government expects to secure US$300-400 million in grants to finance the project.

SWRO Retrofit Underscores Opportunity for ERD Suppliers

In July 2013, Energy Recovery, Inc. of San Leandro, U.S. announced a contract with Cadagua S.A. of Bilbao, Spain to supply ERI’s isobaric PX Pressure Exchangers for Phase I of the retrofit to the Valdelentisco SWRO plant in Murcia, Spain. Cadagua, an EPC and O&M firm with a global SWRO portfolio of nearly 800,000 m3/d, provides O&M services to the Valdelentisco plant. Valdelentisco, with a nominal capacity of approximately 140,000 m3/d, was outfitted with turbine ERD at the time of its commissioning in 2007. The value of the ERI-Cadagua contract was undisclosed.

Manila Water Diversifies Southeast Asia Position

On 21 August 2013, the MWC acquired a 31.46% stake in Vietnam water utility SWIC. The deal needs to be ratified by SWIC within 105 days. SWIC, formerly Saigon Infrastructure Real Estate Investment Joint Stock Company, shifted its focus in 2011 toward integrated water and wastewater treatment services.