QUOTE(deodorant @ Mar 3 2019, 08:40 AM)
The official explanation apparently is that hyflux betted big on energy generation in their latest tuaspring plant, but then energy prices tanked so nobody wanted to buy it over and so they just bled money until coffers were dry.
Hyflux (by itself) is just one plant. It is unlikely the Sg government will let the plant come to waste. This is essentially a private company. The Sg government is watching events very closely. The real issue I have heard is not energy. But membrane technology. The membranes developed by Hyflux the company is more expensive than the ones imported from other countries e.g. germany. It killed them. If the Sg government is to take over, it will use the most cost efficient membrane. But I would think the Sg government wants to see whether Hyflux, a homegrown company, can still survive.SG do have a number of desalination plants, SingSpring (Hyfluz and Keppel), Sungei Tampines, Tuaspring (Hyflux), Tuas Desalination Plant (TDP3) (PUB -SG government), Keppel Marina East Desalination Plant (KMEDP) (PUB - Sg government), Jurong Island Desalination Plant (JIDP)( PUB-Sg government, and more under development e.g. Changi Desalination Plant (CDP) (PUB- SG government), etc.
Sgreans are tactical and work on the basis of long term strategy and what is cost efficient and failing that, a balance of achieveable best aims. I have a feeling they can in fact be self reliant now if they increase production of new water and clean water from their New Water and desalination plants. But, it will cost them more to use desalination (of course they can afford it). Also, the cost of desalination is going down as tech matures.
Do not be surprised if they say suddenly decide to not buy water anymore i.e. way before 2016. In fact, the number of new desalination and New Water plants coming online suggests that they will no longer indeed need Malaysian water. The Sg government does not want to be distracted by this childish argument about an international agreeement agreed and signed by both countries and one in which Malaysia ( "sleeping" as admitted by Daim) forgot to exercise its right of review. The eventual money involved is inconsequential or small to what they earn.
Mar 3 2019, 11:38 AM

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