Consolidated Water, WSC announce desalination deal
Consolidated Water Co. Ltd(CWCO)announced yesterday that it has entered an agreement with the Water and Sewerage Corporation(WSC)to increase water production at its Blue Hill Plant by 67 percent, and save the corporation millions, via the expansion of the plant to facilitate water desalination.
CWCO operates sea water desalination plants and water distribution systems in various locations where access to natural supplies of potable water is difficult or impossible. Thedesalination process will result in capital and annual cost savings, according to Rick McTaggart, CWCO’s CEO, in a release yesterday. The desalination process removes some salt and other minerals from sea water to make it potable.
“By expanding the Blue Hill plant, WSC should eliminate almost$7 million in capital spending that would have been required to relocate the present barging operation from Arawak Cay, and should realize several million dollars in additional yearly cost savings by replacing barged water with locally produced desalinated water,”McTaggart said.
The increase in capacity, representing 4.8 million US gallons per day(USgpd), will take the total production at the Blue Hill plant up to 12 million USgpd and is scheduled for completion by the end of this year’s fourth quater, according to McTaggart.
The WSC and Consolidated Water have also agreed to extend the terms of the 20-year management contract of the Blue Hill plant by five years–taking it out to 2031–and will finance the design and construction of the new plant, which it will also operate and maintain for the duration of the extended contract.
“We are pleased to announce this agreement with WSC, which will allow the citizens and businesses in Nassau and throughout the entire island of New Providence to sharply reduce their dependence upon more expensive water that is currently barged from Andros Island to port facilities at Arawak Cay on New Providence Island,”said McTaggart.
CWCO owns 90.9 percent of the equity of BISX-listed Consolidated Water(Bahamas), according to CWCO’s website. It also has plants at Windsor Field and in South Bimini. After completion of the desalination plant, water production in New Providence is expected to reach 14.6 million USgpd.