, Singapore

Hyflux bags second contract from repeat customer

The contract will cover a seawater reverse osmosis desalination package in Iran.

Hyflux received a letter of intent from Asia Water Development Engineering Company (AWDEC) to award a second contract for a seawater reverse osmosis desalination package in Bandar Abbas, Iran.

According to an announcement, AWDEC intends to further award Hyflux a contract to design, manufacture and supply another desalination unit with similar specifications as the first plant to supply 200,000 cubic metres of water per day.

Both Hyflux and AWDEC shall make best efforts to agree on the mode, price, method of payment and other terms and conditions within two months.

Also read: What will Hyflux do during its 6-month lawsuit protection?

The first project is part of the five desalination plants which AWDEC plans to build as part of the proposed Saghi Kosar (SAKO) Desalination and Power Plant in Bandar Abbas, Iran. The SAKO Desalination and Power Plant will feature five desalination plants able to produce 1,000,000 cubic metres of water per day, and a 300 - 400 MW power plant.

It was valued at €68.7m ($109.6m), with an additional €10.5m ($16.75m) for optional add-ons such as equipment and technical advisors.

“When completed, the SAKO Desalination and Power Plant will address the growing domestic water scarcity in Iran and serve industries in the South East of Iran,” Hyflux said in a previous announcement. 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Maybank deploys AI to prevent banking disruptions
ServiceNow will support technology monitoring across Malaysia, Singapore, and Indonesia under a five-year agreement.
Singapore forces 3 more Indonesian firms to fight haze fires
The latest notices cover Kalimantan concessions after earlier ones targeted Sumatra.
Horizon3 sets up ASEAN headquarters in Singapore
The cybersecurity company will expand its local team following a $319.8m (US$250m) funding round.

Exclusives

Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Singapore's most notable architecture professionals under 40 of 2026
The honourees span five firms, with women in the majority and a combined portfolio that includes a $960m hospital campus.