Saudi Arabia’s Water & Electricity Company (WEC) announces the qualified consortia for Yanubu-4 Independent Water Project (IWP).
The plant will be designed using Reverse Osmosis seawater desalination technology. The expected capacity of desalination plant is 450,000 m3/day. The desalination plant will be located near the town of Ar Rayyis (140 km west of Madina), Yanbu region, on the Red Sea coast of the Kingdom of Saudi Arabia.
The qualified Consortia are as follows:
1) International Company for Water and Power Projects
2) FCC Aqualia SA , Haji Abdullah Alireza & CO. LTD. and Alfanar Company
3) Cobra Instalaciones y Servicios, S.A.
4) GS Inima Environment S.A.
5) International Power S.A., Dubai Branch
6) Marubeni Corporation and Power and Utility Company for Jubail and Yanbu
7) Sacyr Servicios S.A.
8) Suez Groupe
9) Utico FZC
10) Veolia Middle East
WEC issued the Request for Proposal (RFP) for the above qualified bidders. Under a concession of 25 years, the project company to be incorporated to develop the Project will sell the entire capacity and output to WEC under a Water Purchase Agreement (WPA).
WEC is being advised by:
- Sumitomo Mitsui Banking Corporation DIFC Branch as Lead and Financial Adviser;
- DLA Piper Middle East LLP as Legal Adviser; and
- ILF Consulting Engineers as Technical Adviser.
Read More: Saudi Arabia issued RFQ for Yanbu-4 IWP
WEC already awarded the Rabigh-3 IWP having plant capacity 600,000 Cu.m per day to ACWA Power Consortium and Shuqaiq-3 IWP having plant capacity 450,000 Cu.m per day to Marubeni Consortium
