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[merlin26]

WorldWater & Power Corp. Receives USTDA Grant for Rural Water Supply Project in Sri Lanka
Monday September 26, 7:00 am ET
Solar Powered Pumping Part of Tsunami Reconstruction


PENNINGTON, N.J., Sept. 26, 2005 (PRIMEZONE) -- The U.S. Trade and Development Agency (USTDA) has awarded $360,000 in grant funds to WorldWater & Power Corp. (OTC BB:WWAT.OB - News) to support a pilot project for water supply in Sri Lanka. The project is designed to assess solar technology methods to provide safe, sustainable water supplies to people in six villages near the tsunami-ravaged southern coast of Sri Lanka.
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Subject to satisfactory results of WorldWater`s ground water assessment study, WorldWater anticipates the award of the full contract of $1.1 million with the Ministry of Urban Development and Water Supply to pump and deliver water to 13,677 people in approximately 3,000 households in the six villages through use of its AquaMax(tm) solar water pumping systems.

Signatories to the WorldWater grant included U.S. Ambassador to Sri Lanka Jeffrey J. Lunstead, and Dr. P.B. Jayasundera, Secretary for the Ministry of Finance and Planning of the Government of Sri Lanka. The USTDA funding is one of several grants that will help support the efforts of the Government of Sri Lanka to rebuild and improve infrastructure in districts affected by the tsunami in December 2004.

The Honorable W. Piyasena, National Project Director of the Community Water Supply and Sanitation Project, and the Rural Water Supply and Sanitation Division of the Ministry of Urban Development and Water Supply, said, ``There is a need to identify alternative energy sources for pumping water in remote rural areas. Even in areas where electricity is available, delays in getting electricity connections and the high costs of such connections have resulted in problems. Diesel driven pumps are found to be unsatisfactory in rural areas due to frequent repair and maintenance requirements and also due to high fuel costs.`` The Ministry specifically requested that WorldWater & Power Corp. conduct the technical assistance for the project.

Ms. Marian Bassett of the U.S. Trade Development Agency stated, ``We are pleased to provide this assistance to the Government of Sri Lanka, and we hope that this grant will catalyze large scale adoption of these environmentally friendly, clean technologies to make a difference in the quality of life of the rural people of Sri Lanka.``

Dr. Anand Rangarajan, Executive Vice President of WorldWater and Power Corporation, said, ``This pilot project is intended to demonstrate how public and private sector partnerships could be forged to bring private sector investments to the critical area of rural water supply. This project will also demonstrate how commercially mature solar technologies can provide faster and less expensive solutions in the area of water supply compared to traditional piped schemes.``

About WorldWater & Power Corporation

[loui2005]

[posting]18.031.394 von merlin26 am 26.09.05 13:35:13[/posting]Der erste Handel geht los in Berlin !!!
Ist ja auch ne Hammermeldung !!!

[mecknes]

hört sich gut an, mal schauen was pasiert

[loui2005]

so .. nach der Meldung bin ich jetzt auch wieder dabei .. Berlin steht stimmt vom Umrechnungskurs her 1:1 .. nur in den USa wird man nicht mehr zu umgerechnet 0,44 reinkommen.

[loui2005]

Worldwater Corp.
Skontroführer: Berliner Freiverkehr Aktien (1170)


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[maxeddi]

Könnte mal jemand hier nen RT Link FF und den vorbörslichen Kurs USA reinstellen??

[maxeddi]

Da geht jemand mit 15K zu 0,45 rein, 5 Min vor Börseneröffnung...ich leg auch noch mal nach!