Saudi Arabia announces the qualified bidders for Ras Mohesen IWP

Saudi Water Partnership Company S.M.L.L.C (SWPC) announces the qualified bidders for the Ras Mohesen Independent Water Project, IWP.

Ras Mohaisen IWP will be designed using Reverse Osmosis seawater desalination technology. The Project will be constructed with a 300,000 m3/day potable water capacity and will include the desalination plant and all associated infrastructure and facilities.

SWPC announces the qualified bidders as follows:

1. Acciona Agua
2. ACWA Power
3. Cobra Instalaciones y Servicios, S.A.
4. FCC Aqualia
5. Kahrabel FZE
6. Malakoff International Limited and Kindasa Water Services Company Limited
7. Marubeni
8. Power and Water Utility Company for Jubail and Yanbu (“Marafiq”) and Alfanar Company
9. Rawafid Al Hadara Holding Co
10. Utico FZC and Mowah Company

The desalination plant will be located in Ras Mohaisen, 300 km south of Makkah, on the coast of the Red Sea in the Western Province of the Kingdom of Saudi Arabia.

Power supply for the project will be facilitated from Saudi Electricity Company’s high voltage network

The developer scope of work includes, development, financing, procurement, implementation, operation and maintenance of the Project.

SWPC will purchase the output and entire capacity of the project, under a Water Purchase Agreement (WPA) for a period of 25 years.

SWPC’s obligations under the WPA will be supported by a credit support agreement from the government of the Kingdom of Saudi Arabia.

SWPC is advised by KPMG Al Fozan & Partners (Lead and Financial Adviser), Eversheds Sutherland (International) LLP (Legal Adviser) and WSP (Technical Adviser).

SWPC already awarded the following IWPs:

• Rabigh-3 IWP having plant capacity 600,000 Cu.m per day to ACWA Power Consortium (read more)
• Shuqaiq-3 IWP having plant capacity 450,000 Cu.m per day to Marubeni Consortium (read more)
• Yanbu-4 IWP having plant capacity 450,000 Cu.m per day is awarded to Engie Consortium. (read more)
• Jubail-3A IWP having plant capacity 600,000 Cu.m per day to ACWA Power Consortium (read more)

IWPs under awarding/EOI stage:

• Jubail-3B IWP having plant capacity 570,000 Cu.m per day is in awarding stage (read more)

• Rabigh 4 IWP having plant capacity 600,000 Cu.m per day is in EOI stage (read more)