Singapore

Singapore pours $7.2bn into underground sewage superhighway – Singapore

The government of Singapore is spending $10 billion Singapore dollars ($7.2 billion)tocomplete an underground sewer system in the city-state.

The pipeline, dubbed the “underground superhighway,” is 3- 6 meters in diameter and buried 35- 55 meters underground. It will collect wastewater from households and factories and transport it to treatment plants, which will be used mainly for industrial and air-con cooling purposes.

“For us in Singapore, used water is a source of good water. We do not waste a drop of it,” saidNg Joo Hee, chief executive of the Public Utilities Board.

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This is Singapore’s plan to avoid running out of water – Singapore

This is Singapore’s plan to avoid running out of water

Every day after his morning run, Adam Reutens-Tan washes under a half-full camping shower hooked on the ceiling of his bathroom.

The modified shower, which uses just four litres of water, is one of several ways the Reutens-Tans family conserve water as part of a countrywide push to cut Singapore’s daily consumption by 8% by 2030.

The nation currently uses 141 litres per person each day – about enough for two typical eight-minute U.S. showers, according to Harvard University statistics.

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Hyflux unit restructures $121.3m loan for desalination plant in China – China

Hyflux said its wholly-owned unit Tianjin Dagang Newspring Co Ltd (TDN) has successfully restructured a 617 million yuan (S$121.3 million) Bank of China loan.

The loan’s maturity date has been extended by three years to 2026, with the repayment schedule adjusted for lower annual repayments.

The loan is for TDN’s 100,000 cubic metre per day seawater desalination plant in Dagang City, Tianjin Province, and is guaranteed by Hyflux.

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Thirsty Singapore taps into innovation to secure its water future – Singapore

Every day after his morning run, Adam Reutens-Tan washes under a half-full camping shower hooked on the ceiling of his bathroom.

The modified shower, which uses just four litres of water, is one of several ways the Reutens-Tans family conserve water as part of a countrywide push to cut Singapore’s daily consumption by 8% by 2030.

The nation currently uses 141 litres per person each day – about enough for two typical eight-minute U.S. showers, according to Harvard University statistics.

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PUB is building one of the world’s largest floating solar panel systems that could generate enough power for 13,500 HDB flats every year – Singapore

Singapore’s Public Utilities Board (PUB) has unveiled an ambitious plan to build the country’s first-ever large-scale floating solar photovoltaic (PV) system by 2021 – and it’s poised to be one of the largest of such structures in the world.

The water agency announced on Thursday (June 6) that the 50 megawatt-peak (MWp) floating solar PV system would be installed at Tengeh Reservoir in two years’ time.

At the opening ceremony of the Ecosperity Conference 2019, minister for the Environment and Water Resources Masagos Zulkifli said that a Request for Proposal will be launched on Friday (June 7) to invite private sector companies to take over the design, construction, ownership and operations of the Tengeh instalment for the next 25 years.

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Hyflux announces third potential investor, with letter of interest to acquire overseas assets – Singapore

Hyflux on Wednesday (May 15) announced another potential investor which has submitted a non-binding letter of interest.

The potential investor, which was not named, expressed interest in acquiring some of Hyflux’s assets in Algeria and Oman, as well as other assets in the Middle East and North African region. 

“The investor’s interest also includes the operation and maintenance activities relating to these assets,” said Hyflux in a bourse filing. 

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Singapore seizes water plant from Hyflux after launching accounts probe – Singapore

Singapore moved to take control of debt-laden Hyflux’s key water treatment plant on Wednesday, a day after authorities said they were reviewing the company’s disclosures to see if it has breached any laws.

Once lauded as a national champion running a strategically important water source for the city-state, Hyflux is now under a court-supervised restructuring process that could wipe out the holdings of tens of thousands of retail investors.

Singapore’s national water agency, PUB, issued a notice to Hyflux on Wednesday saying it would take over the company’s Tuaspring desalination plant in 30 days and terminate its water supply deal.

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PUB-owned Tuas Desalination Plant wins global award, beating others in Oman, Tunisia and Egypt – Singapore

Barely a year after its opening, the Republic’s Tuas Desalination Plant, has got an accolade to its name, beating plants from Oman, Tunisia and Egypt that were in the running.

The desalination plant – the first plant owned and operated by national water agency PUB – was named Desalination Plant of the Year at this year’s Global Water Awards, presented at the Global Water Summit in London on Tuesday (April 9).

The awards recognise the most important achievements in the international water industry, including improved operating performance, innovative technology adoption and sustainable financial models.

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Hyflux calls off SM Investments rescue deal, cancels proposed scheme meetings

In a hurricane twist of events, the US$530 million rescue deal from SM Investments to save embattled water treatment firm Hyflux is now off the table.

Hyflux announced the cancellation of the scheduled scheme meetings on April 5 and 8 in a regulatory filing on Thursday noon, just days before the proposed meetings were supposed to happen.

Due to the cancellation of the scheme meetings, shareholders also need not attend the extraordinary general meeting scheduled after the scheme meetings on April 15, the firm said in the statement.

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PUB gives Hyflux’s Tuaspring till April 30 to cure defaults

NATIONAL water agency PUB said on Friday that it has acceded to the request of Hyflux subsidiary Tuaspring Pte Ltd (TPL) for more time to cure its defaults. The default notice period has been extended from April 5 to April 30, subject to conditions.

PUB said TPL had written to it on Wednesday, requesting for the deadline to be pushed to the end of April.

The national water agency said in a statement on Friday: “TPL noted that it is currently loss-making and will require financial support from Hyflux.

However, Hyflux’s ability to provide financial support will depend on whether it is able to complete its restructuring and to obtain the investment from SM Investments.”

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