Pre-qualification delayed for Jordan-Israel water PPP project
The final date to purchase the pre-qualification document for the Red-Dead water PPP project has been delayed from January 30 to March 30, 2016.
The water PPP project will involve the development of supply water facilities to serve Israel and Jordan The new facilities will also increase the flow of water into the Dead Sea, which is currently suffering a severe depletion.
To be more specific, the project involves the development of a 65 million cubic meter (MCM) desalination plant north of the Aqaba airport in Jordan and the pipeline conveyance system. The project could also include the development of a grid-connected hydroelectric power station.
Jordan will use a total of 30 MCM while Israel will use the remaining 35 MCM. The plan is expected to be expanded to rise a total capacity of 85 MCM, at that time, Israel will use 50 MCM and Jordan the remaining 35 MCM.
The first phase of the project will be developed on a build, operate and transfer (BOT) basis and the total project investment for this phase is estimated at US$800 million.
As part of the bilateral agreement and in return for Israel's south southern allowances, Jordan will be able to purchase a total of 50 MCM per year from Lake Kinneret.
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