Ras Abu Fontas Power, a Qatari project company backed by Asian industry heavyweights, has entered into an agreement with the Japan Bank for International Cooperation (JBIC) to secure financial facilities worth $990 million for the expansion of its desalination and power plant units.
NMDC Group, an integrated energy, marine services and EPC major, said one of its key subsidiaries, NMDC Infra, has signed a strategic agreement to acquire 51% stake in Spanish group Lantania Aguas, a specialist in desalination, water treatment and purification projects.
Spanish infrastructure major Acciona has announced that the Umm Al Houl desalination plant in Doha, Qatar, has achieved a major safety milestone clocking two million safe man-hours with zero Lost Time Incidents (LTI). The key facility is part of the Umm Al Houl integrated water and power complex.
