The pioneering project aims to enhance green electricity production and reduce carbon footprint.
Although there are always challenges in the water market, Mekorot CEO believes that innovation and advanced technologies are key to success.
Mekorot's 2023 net profit declined to NIS 190M due to one-time events. Revenue increased by 5% amid rising water sales
The new water system will include several fire-extinguishing hydrants to ensure water supply to firefighting services in the Carmel Forest.
Mekorot, the national water company of Israel, completed the institutional stage of raising tradable bonds.
Mekorot has shown strong results for the third quarter and in general. Operating profit increased by NIS 200 million' says Mekorot CEO Amit Lang.
Mekorot, which manages Israel's water supply, witnessed an overwhelming demand that reached NIS 1.8 billion, which is three times the initially planned issuance.
Experts are saying that this is the most ancient city gate discovered in the State of Israel.
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