Saudi’s SWPC expected to award Jubail 4 and 6 IWP in Q2 2023

Saudi Water Partnerships Company (SWPC), the principal off-taker for water and wastewater projects in Saudi Arabia, is expected to award the Jubail 4 and 6 Independent Water Project (IWP) by the second quarter of 2023. “The expression of interest (EOI) was issued in early December 2022 and the bid submission was on 9 January 2023. The contract is expected to be awarded by mid of May 2023,” a source aware of the project details told Zawya Projects. The Request for Qualification (RFQ) for the 600,000 cubic metres per day capacity desalination plant was issued on 26 January 2023. SWPC had said in a press statement that the deadline for the submission of RFQ is before 21 February 2023. A total of 35 companies including 16 Saudi companies have expressed their interest in the project. 1. Abengoa Agua 2. Abu Dhabi National Energy Company (TAQA) 3. Acciona Agua 4. ACWA Power 5. Ajlan & Bros Holding 6. Al Kawther Industries Co. Ltd. 7. Al Shalawi 8. Al Sharif Group Holding 9. Alfanar Company 10. Alghanim International General Trading and Contracting Co. 11. Aljomaih Energy and Water Company 12. Awad Saad Binzafrah Contracting Co 13. Buhur for Investment Co. 14. China First Heavy Industries International Development Co., (CFHI) 15. Elecnor Group 16. Fas Energy 17. Fisia Italimpianti 18. GS Inima 19. Hainan Litree Purifying Technology Co. 20. Kahrabel FZE (Engie Middle East) 21. Kindasa Water Services 22. Lantania Aguas 23. Marubeni Corporation 24. Metito Utilities 25. Mowah Company 26. Nesma Company 27. Orascom Construction 28. Power and Water Utility Company for Jubail and Yanbu (Marafiq) 29. Saleh Saeed Taishan and Sons 30. Saudi Pan Kingdom Company (SAPAC) 31. Shapoorji Pallonji 32. Utico 33. VA TECH WABAG 34. Veolia Middle East 35. Vishvaraj Environment The Expressions of Interest (EOI) notice for the plant, based on Sea Water Reverse Osmosis (SWRO) technology, was issued on 6 December 2022 with a submission deadline of 9 January 2023. The desalination plant will be located 18 kilometres south of Jubail Industrial City in the Eastern Province on the Arabian Gulf coast. Jubail 4 & 6 IWP would be built adjacent to existing Jubail Phase 1, Jubail Phase 2, Jubail 3A & 3B plants. The source said the project is slated for completion by the fourth quarter of 2026, adding that his estimate of the project cost is $300 million. According to the EOI notice, the successful bidder, through a project company to be incorporated, would finance, build, operate and maintain the project and sell the entire capacity and output to SWPC under a 25-year concession pursuant to a Water Purchase Agreement (WPA) with SWPC’s obligations backed by a credit support agreement from the Saudi government, the notice said. SWPC’s advisors on the project are KPMG Professional Services as Lead Advisor and Financial Advisor; Eversheds Sutherland as Legal Advisor; and WSP as Technical Advisor. (Writing by Senthil Palanisamy; Editing by Anoop Menon) (anoop.menon@lseg.com)

Saudi’s SWPC expected to award Jubail 4 and 6 IWP in Q2 2023

DISCOVER MORE

Middle East and Africa expected to install 17GW of new onshore wind capacity in next 5 years - report

GRID GROWTH: Dubai Electricity and Water Authority shares T&D numbers for 2022

Jordan, EBRD sign agreement to construct water treatment plant in Al Ghabawi

Saudi Arabia is first globally in renewable energy growth within two years of SGI launch

Siemens issues Qatar’s first green guarantee for solar project

India’s L&T wins 380kV substation order in Saudi Arabia

African Development Bank approves $28.49mln grant for Ghana renewable energy project

DEWA and Dubai Airports explore developing cooperation

Five African cities hold more than 50% of continent's private wealth

AI may affect 300mln full-time jobs: Goldman Sachs

UAE approves 24 national initiatives to double re-export industry

BP and UAE's ADNOC bid for stake in NewMed Energy

UAE banking sector to remain stable in 2023 – KPMG

Saudi Electricity Company expects capex of up to $9.3bln in 2023

Tunisia targets 650 million m3/day desalination capacity to alleviate water stress

EBRD and IFC to support Egypt’s PPP desalination programme

Spain’s Almar Water to develop water project for Aramco’s Zuluf onshore oilfield

Saudi’s SWPC to develop 28 projects in partnership with private sector

LATEST VIDEO

VIDEO: Why is China's Belt and Road Initiative facing setbacks?

ZAWYA COVERAGE

UAE President appoints Abu Dhabi Crown Prince, deputy rulers

Middle East, Asia-Pacific airfares surge 53%, pose threat to recovery of aviation sector - ACI

DP World develops edible oil terminal at Port of Berbera

Maldives airport temporarily shut down after Flydubai aircraft suffers tire burst on landing

DFM introduces 'Omnibus Accounts' to enhance market access

Portugal's rents hit record high amid cost of living crisis

Egypt to raise allocation for food subsidies by 20% in FY 2023/24 draft budget

IMF and Seychelles reach over $100mln staff-level agreement

Nuclear row looms over EU renewable energy talks

THE BRI REPORT

China is reshaping the Belt and Road Initiative ahead of a post-pandemic era

DISCOVER MORE

LATEST VIDEO

ZAWYA NEWSLETTERS

ZAWYA COVERAGE