NMDC Group announced that its subsidiary, NMDC Infra, has been awarded a contract by TAQA Water Solutions Company for the construction works of an Emergency Lagoon in the Abu Dhabi region.
According to the company, the project is valued at AED 288 million and is expected to be completed over a period of 24 months.
Key highlights:
• NMDC Infra awarded a new contract by TAQA Water Solutions
• Contract value of AED 288 million
• Project located in the Abu Dhabi region
• Construction period of 24 months
• Includes development of a 1-million-cubic-meter emergency lagoon
The scope of work includes:
• Construction of a 1-million-cubic-meter emergency lagoon
• Inlet and outlet structures
• Installation of HDPE pipelines
• Installation of pumps and valves
• Associated mechanical systems and infrastructure
According to NMDC Group, the project is designed to support water infrastructure requirements in the Abu Dhabi region and further strengthens the company’s project backlog within the utilities and infrastructure sector.
The award highlights NMDC Infra’s continued participation in strategic infrastructure projects across the UAE and reinforces its position as a key contractor in the country’s water and utility development sector.
Source: Abu Dhabi Securities Exchange (ADX) Disclosure / NMDC Group
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.