Israeli global engineering and construction group Tahal and Russia’s Vodokanal signed an agreement for the planning, design and construction of a water treatment plant and pumping system in Yakutsk, a remote area of eastern Russia. The new plant will have a capacity of 115, 000 cubic meters per day.
Owned by the Kardan Groupas, Tahal has two main business units – TAHAL Assets B.V., for strategic investments, and TAHAL Group B.V., for project execution. TAHAL was established in 1952 with the aim of meeting Israel’s greatest challenge – transforming its arid, ancient lands into the fertile fields of the modern state, starting with the design of the National Water Carrier project to many other national infrastructure projects. Since that time, and following hundreds of successful projects in more than 50 countries, TAHAL has become a key player in water, sanitation and agricultural development.
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The company describes its new venture as a turnkey project encompassing all the stages from planning to operation and is expects it to last for approximately 40 months. The value of the project is said to be $ 67 million.
Most of the funding for the project has been provided by the European Bank of Reconstruction and Development EBRD, and the balance is being funded by the Republic of Yakutsk.
Tahal said that the project will be a challenge in engineering and execution of design and construction of such a large scale facility using advanced technologies in one of the coldest cities in the world. The agreement, it boasts, positions TAHAL Group as a leading company in the significant and strategic market of Russia and the CIS, where it already participates in projects worth tens of millions of dollars.
