The company has won this contract though an international bid held earlier in the year by the General People’s Committee for Utilities of the Great Socialist People’s Libyan Arab Jamahiriya (the Ministry of Utilities in Libya).
The contract requires Hyflux to operate and maintain the desalination plant for a period of three years from the start of commercial operations of the plant that will use reverse osmosis technology to produce 40,000 cubic meter of desalinated water per day when fully operational.
Construction on the desalination project, which is not expected to have any impact on Hyflux’s financials for the current financial year ending 31 December 2010, will begin upon satisfaction of conditions set in the EPC contract and will take 24 months from receipt of the Notice to Proceed.
