Hyflux has broken ground for Singapore's largest desalination plant. The new Tuaspring desalination plant is part of a project expected to cost S$890 million.
The plant will be finished in 2013, adding 318,500 cubic metres of of desalinated seawater a day to the national water supply. This will triple the PUB's current water desalination capacity.
The home-grown company says 90 per cent of its revenue comes from the desalination business. As such, it is placing emphasis on research and development to make the desalination process cheaper, and is also looking at business partnerships.
Ms Olivia Lum, the founder and group CEO of Hyflux, said: "Our research team is very busy with looking for the solution to really bring desalinated water to be the cheapest water, as cheap as maybe ordinary river water treatment and that will be our dream. We want to bring sea water desalination to the level where everybody can afford and, when such time comes, this sea water desalination will not only be available to rich countries or nations."
Hyflux says the plant is expected to offer the lowest tariffs in the world in its first year when completed, 45 US cents (55 Singapore cents) per cubic metre. Costs are lower due to an on-site power plant that will supply electricity to the desalination plant.
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