Taqa, Engie to develop Mirfa 2 RO desal project.
EWEC (Emirates Water and Electricity Company), a leader in planning, purchasing and supply of water and electricity across the UAE, has awarded deals for its Mirfa 2 Reverse Osmosis (M2 RO) Independent Water Project.
The project for the development of the low-carbon intensive RO desalination plant was awarded to a consortium consisting of Engie and Taqa.
Taqa will take on the majority share of the equity in the project and hold a stake in the operations and maintenance company. Following the award, the project’s Water Purchase Agreement (WPA) was signed between Taqa, Engie and EWEC.
Ahead of the project award and WPA signing, the submitted proposals went through a detailed technical and commercial evaluation process to select the best proposal. The M2 RO project will be 60 per cent owned by Taqa, while the remaining 40 per cent will be owned by Engie. The project’s financial closure is expected to occur in Q1 2023, enabling initial water production in summer 2025, and full production by Q3 2025.
Mirfa 2 Reverse Osmosis will become the UAE’s third largest low-carbon intensive RO plant once fully operational.