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ACWA Power Company announces that it has received from the Emirates Water and Electricity Company (EWEC) a commercial operation certificate for Group 2 of Taweelah RO Desalination Company

ACWA POWER 2082 1.99% 215.00 4.20
Element List Explanation
Announcement Detail ACWA Power Company announces that it has received from Emirates Water and Electricity Company (EWEC) the commercial operation certificate for Group 2 of Taweelah RO Desalination Company located in Taweelah, Abu Dhabi, United Arab Emirates, corresponding to 378,689 m3/day desalinated water production capacity. In addition to the Group 1 that started commercial operation on 9 June 2022 with 454,609 m3/day capacity of desalinated water, the total capacity of the Taweelah RO plant under commercial operations reaches 833,298 m3/day.

ACWA Power owns a 40% stake in the project company. The financial impact pertaining to Group 2 is expected to be reflected from Q2 of 2023 onwards.

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