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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down


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Tuesday, 5 July 2011

Ground-breaking for S'pore's largest desalination project

By CARINE LEE


Singapore's national water agency, PUB, and Hyflux Ltd have broken ground for the country's second and largest seawater reverse osmosis desalination plant, Hyflux said on Tuesday.

Vivian Balakrishnan, Minister for the Environment and Water Resources, was the guest of honour at the ground-breaking ceremony held at the Suntec Singapore International Convention and Exhibition Hall.

A co-located event of the Singapore International Water Week 2011, this ceremony signifies the start of ground works at the 14-hectare site in Tuas on the western section of the island.

The desalination plant - Tuaspring Desalination Plant - is constructed under a Design, Build, Own and Operate (DBOO) model and is expected to commence operations in 2013.

The plant will add another 70 imperial million gallons or 318,500 cubic metres of desalinated water per day to Singapore's water supply.

An on-site combined cycle gas turbine power plant will supply electricity to the desalination plant. Excess power will be sold to the power grid, Hyflux said in a statement.

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