IDE wins contracts worth $94.6m.

IDE Technologies has won contracts worth $94.6 million to supply desalination units to power stations in Spain, Mexico and India as the company expands its activities in the international desalination facilities market.

By SHARON WROBE
December 21, 2005 06:51
1 minute read.

 
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IDE Technologies has won contracts worth $94.6 million to supply desalination units to power stations in Spain, Mexico and India as the company expands its activities in the international desalination facilities market. IDE Technologies, owned by Israel Chemicals Ltd. and Delek Group Ltd., recently signed three contracts worth $4.6m to export three desalination units to Spain and Mexico. Two desalination units will be delivered to the Mexico Federal Electricity Commission. The third unit will be delivered to a power station in the Canary Islands owned by Endesa SA. Over the past month, IDE has also won a tender to supply four desalination units to Indian Oil Corporation's Gujarat Refinery in a deal worth $90m.

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