Saudi Water Partnership Company (SWPC), formerly known as Water & Electricity Company (WEC) received the proposals from the bidders, for the Taif Independent Sewage Treatment Plant (ISTP).
The ultimate treatment capacity of the project is up to 270,000 m3/day. The ISTP will be located near the city of Taif, in the Makkah Province of Kingdom of Saudi Arabia.
Following is the list of consortia, that are submitted their proposals:
- Metito – Mowah Company – Al Jomaih
- FCC Aqualia S.A – Abdullah Ibrahim AlKhorayef Sons Co
- Orascom Constructions – Miahona Company Ltd
- Cobra Instalaciones Y Servicios – International Water Distribution Company (Tawzea) LLC
Earlier, SWPC invited developers or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the Project, together with associated infrastructure and facilities.
Under a 25-year Sewage Treatment Agreement (STA) with SWPC, the project company to be incorporated to develop the Project will treat the entire sewage capacity supplied by SWPC.
SWPC’s obligations under the STA will be supported by a credit support agreement from the Government.
SWPC is advised by:
- Mizuho Bank, Ltd. as Lead and Financial Adviser;
- White & Case LLP as Legal Adviser;
- WS Atkins & Partners Overseas Engineering Consultants as Technical Adviser.
Read more: Saudi Arabia issued RFQ for Taif ISTP to qualified Consortia
