Tedagua wins a water supply contract in Sri Lanka worth 97 million euros
On the 17th of May this year, the Sri Lanka council of ministers gave a green light to awarding this contract to the consortium led by Tedagua, also comprising the companies Makiber and Cobra, all of which form part of the ACS group. The project budget totals 108 million dollars (around 97 million euros), and includes the design, construction, supply, installation, commissioning and training of all personnel necessary for operating an entire drinking water supply system that will provide a service to over 280,000 inhabitants of Anuradhapura South, one of the oldest regional capitals in Sri Lanka, known for its perfectly conserved ruins.
This project includes three drinking water treatment plans (two new builds and the expansion of another existing one) for a total production of 51,000 m3/day, a water distribution network with 140 kilometres of pressurised pipe and a 175 kilometre distribution network, as well as several storage tanks necessary to ensure that the system operates properly.
The aim of this project is to guarantee the supply of high quality drinking water in the region, where the population currently depends on sources of water with high concentrations of fluoride, carrying with it dental and bone problems, so hygiene and health conditions will clearly improve.
BBVA and Société Générale are participating in the funding of this major drinking water distribution project, along with a commercial credit entity. This represents a boost to the water business of ACS group in southern Asia, where Tedagua already has a presence with an order book worth over 260 million euros in countries such as the United Arab Emirates and Singapore.