Ma’aden unveils potential gold rush site near the Mansourah-Massarah project 

Ma’aden unveils potential gold rush site near the Mansourah-Massarah project 
Ma’aden unveils potential gold rush site near the Mansourah-Massarah project 

Thank you for reading the news about Ma’aden unveils potential gold rush site near the Mansourah-Massarah project  and now with the details

Jeddah - Yasmine El Tohamy - RIYADH: The construction arm of India’s Larsen & Toubro has secured an engineering, procurement, and construction contract for setting up systems related to renewable energy generation and utilities in Saudi Arabia’s AMAALA project. 

The consortium of UAE’s Masdar and France-based EDF signed the concession agreement in September 2023 for the fully integrated utility project with the developers of AMAALA.  

L&T has now entered into an EPC agreement with EDF and Masdar, according to a statement. 

The Indian multinational conglomerate stated that the awarded project encompasses an optimized off-grid renewable energy system, including a 250-megawatt peak solar photovoltaic plant and a 700-MW-hour battery energy storage system. 

The scope for power systems also involves biofuel-based internal combustion engines, three gas-insulated substations, high-voltage transmission lines, and medium-voltage distribution networks. 

On the other hand, the scope for water systems in AMAALA involves constructing a seawater reverse osmosis plant capable of handling 37 megaliters per day, six MLD sewage treatment plants, marine works including intake and outfall, tank farms, as well as potable water network, wastewater network, and treated sewage effluent network. 

The company did not disclose the financial details of the deal. 

Madhava Das, whole-time director and senior executive vice president of utilities at L&T, said: “The award of this prestigious contract stands testimony to the synergistic strength of diverse offerings of L&T Construction in providing innovative solutions to customers keen on sustainable, clean, and reliable electricity and water systems.” 

AMAALA is one of the most ambitious tourism projects in Saudi Arabia’s Red Sea region, as the Kingdom is steadily diversifying its economy away from oil, aligned with the goals outlined in Vision 2030. 

The project spans an area of 4,155 sq. km and, upon completion, will feature 25 hotels, 900 luxury residential villas, apartments, and estate homes alongside high-end retail establishments, fine dining, wellness, and recreational facilities. 

In August, Abdullah bin Taleb Swimming Pools Co. was given a contract to construct pools, spas, and other water feature works at Triple Bay in AMAALA. 

According to a press statement, these water features will be constructed at two resorts operated by Rosewood Hotels and Resorts and InterContinental Hotels Group’s Six Senses. 

These were the details of the news Ma’aden unveils potential gold rush site near the Mansourah-Massarah project  for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Egypt’s annual urban consumer price inflation at 25.5% in November 

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]