English | 简体中文 | 繁體中文 | 한국어
Friday, 11 January 2013, 16:25 HKT
Share:

Source: Hitachi
Hitachi Consortium Signed Water Purchase Agreement for Seawater Desalination Project in Dahej, Gujarat, India

Ahmedabad, India, Jan 11, 2013 - (ACN Newswire) - Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that a consortium comprising Hitachi and Hyflux Ltd. (the "Consortium") signed Water Purchase Agreement ("WPA") concerning water supply volume, price and other details with Dahej SEZ Ltd. ("DSL"), the management company of the Dahej Special Economic Zone ("Dahej SEZ") in Gujarat, the Republic of India ("India"), in relation to a seawater desalination project (the "Project") in Dahej SEZ. Going forward, the Consortium intends to obtain environmental assessment approval and meet other requirements to successfully implement the Project.

The Project will see the Consortium construct a seawater desalination plant in an industrial park within Dahej SEZ in Gujarat and provide a stable supply of industrial water over a period of 30 years (including the construction period). The Project is one of the Delhi-Mumbai Industrial Corridor Projects being promoted jointly by the Japanese and Indian governments, involving the construction of industrial parks between Delhi and Mumbai (approximately 1,500 km) utilizing private sector capital.

This Project has been reviewed for its commercialization feasibility under the "Feasibility study of smart community business in global markets" and is supported by the Japanese Ministry of Economy, Trade and Industry. This feasibility study was conducted following a joint statement issued at the Japan-India Annual Bilateral Summit held in December 2009, in which Japan pledged to contribute to the construction of a model of energy saving and low carbon smart community. The Consortium has advanced discussions with DSL since signing Co-Developer Agreement with DSL in March 2012.

The Consortium has signed the WPA, agreement with DSL for the supply of industrial water to industrial parks within Dahej SEZ in Gujarat. This agreement includes the water supply volume (336,000 m3/day), the water supply period (30 years, including construction period), the water supply price and purchasing conditions for DSL. The Consortium will conduct discussions toward the final agreement with DSL planned for around fall 2013, after obtaining environmental assessment approval and achieving the financial close.

Mr. Hiroaki Nakanishi, the President of Hitachi, Ltd. said "I am extremely pleased that the Consortium has signed the WPA with DSL regarding the seawater desalination project. Hitachi will work closely with Hyflux to successfully implement the Project, in order to facilitate the use of water resources in Dahej SEZ in Gujarat."

About Hitachi in India

Hitachi started its business in India in the 1930's. Currently, Hitachi has 30 business bases and approximately 6,800 employees in India. In addition to being a leader in the air-conditioning systems and construction machinery, the Hitachi Group in India is expanding on its 'Social Innovation Business', such as information & telecommunication systems, power systems, industrial, transportation and urban development systems. Together with further localization, Hitachi aims to contribute to a sustainable society in India as well as the country's economic growth. For more information about the Hitachi Group in India, please visit the website at http://www.hitachi.co.in.

About Hitachi

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2013 (ended March 31, 2014) totaled 9,616 billion yen ($93.4 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional materials & components, automotive systems, health care and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

About Hyflux

Hyflux is one of the world's leading fully-integrated water solutions companies, with operations and projects in Southeast Asia, China, India, the Middle East and North Africa. Hyflux is committed to providing cost-effective and sustainable solutions in seawater desalination, water recycling, wastewater treatment, including membrane bioreactor (MBR) and potable water treatment. Hyflux's track record includes Singapore's first water recycling plant and first seawater reverse osmosis (SWRO) desalination plant and China's largest SWRO desalination plant in Tianjin City. The company is building the world's largest SWRO desalination plant in Magtaa, Algeria. Hyflux has also been awarded Singapore's second and largest SWRO desalination plant which will be developed on a design, build, own and operate model. For more information, please visit www.hyflux.com.

Contact:
Hitachi Ltd
Corporate Communications
Tel: +81-3-3258-1111


Source: Hitachi

Hitachi (TSE: 6501)

Topic: Contract Awarded
Sectors: Water
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2015 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 ACN Search:
 
Hitachi
July 31, 2015 15:45 HKT
日立、三井住友海上プライマリー生命の契約内容変更の申し出受付から登録までの事務対応に関する新システムを構築
July 30, 2015 11:25 HKT
日立、企業の製造設備やプラントの保全管理を効率化するソリューション「Hitachi Enterprise Asset Management」を販売開始
July 27, 2015 14:45 HKT
日立、人事異動について
July 27, 2015 11:15 HKT
日立ソリューションズ、AWS上にDR(ディザスタリカバリ)環境を短期間で低コストに構築
July 27, 2015 10:35 HKT
日立、永守記念最先端がん治療研究センター向けに最先端の陽子線がん治療システムを受注
July 24, 2015 14:40 HKT
ホライズン社と日立GE、ウィルヴァ・ニューウィッドでサプライヤーイベントを開催
July 24, 2015 13:30 HKT
日立・iPS研・大日本住友、ヒトiPS細胞を用いたパーキンソン病の再生医療実用化に向け共同研究を着手
July 23, 2015 11:10 HKT
日立、フィリピン・マニラで社会貢献プログラム「第13回日立ヤングリーダーズ・イニシアティブ」を開催
July 22, 2015 14:40 HKT
日立、論理的な対話を可能とする人工知能の基礎技術を開発
July 22, 2015 13:38 HKT
Hitachi Developed Basic Artificial Intelligence Technology that Enables Logical Dialogue
More news >>
 News Alerts »
Copyright © 2015 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: