05.07.2009

H2ID Ltd. is the consortium that owns the Hadera desalination plant situated by the Orot Rabin power station in Hadera that has a license to produce 127 million cubic meters per year, with a franchise valid until May 2027. The price for the water production is NIS 2.60 per cubic meter. H2ID is owned in equal shares by Arison Holdings Ltd. subsidiary Shikun u’Binui Holdings Ltd. (Housing and Construction) and IDE Technologies Ltd. a joint venture owned in equal shares by Delek Group Ltd. and Israel Chemicals. In order to best comprehend the quantity, the average annual home consumption per capita in an urban area is about 100 cubic meters per year, so that 100 million cm per year equals the yearly water consumption of a million citizens, or about 1/6 of the population of Israel

Gina Cohen
Natural Gas Expert
Phone:
972-54-4203480
[contact-form-7 id="25054" title="Contact form 1"]