Electra and Danya Cebus to provide NIS. 6 m in services to Mekorot

Two companies won the extensive tender put out by the national water company to upgrade and develop dozens of water bores in various regions across Israel over a 4 year period.  This is the first stage of Mekorot’s much broader program for the coming years, and additional tenders are expected to be published in the future for execution

10.01.22 Gai Liberman

Eli Cohen, Mekorot CEO / Photo: Orel Cohen

Electra and Danya Cebus won the tender for extensive projects for the national water company, Mekorot, to carry out dozens of water bores. The two companies will receive a total of NIS. 6 million for execution for the contractual period of some four years.

Seven groups submitted tenders, some of which included international players from Turkey, Germany and Russia. Electra submitted its tender together with Shaham, a Mekorot subsidiary, as the executing contractor. Danya Cebus bid for the tender together with Lapidot Capital as its executing contractor.

Notice was given today (Monday) to the winners, ending the tender process that started out a year ago, and involved initial submissions (PQ) from seven companies which passed the threshold conditions set by the tender (quality, veteran experience). Work is expected to commence during the first half of 2022.

Mekorot CEO Eli Cohen: “This is one of the largest infrastructure tenders we have published in recent years. The projects will be executed as part of the company’s work program and aim to reinforce the water economy’s structure and robustness while simultaneously improving competition in this field, and attracting the involvement of new companies.”

Yitzhak Aronovitz, company Chairman: “The company’s development budget approaches some NIS. 2 billion. This means that responsible management vis-à-vis the climate crisis, and the ability to increase water supply to neighboring countries, requires strictly planning the various tasks while maintaining quality water supply at all times.”