Saudi Water Partnership Company (SWPC) announced in a statement that it has successfully achieved the Financial Close for Jubail 3B IWP.
The total cost of the Project is around 2.6 billion Saudi Riyals (USD 693.3 million).
Earlier, during June 2021, SWPC signed the project agreement with the preferred bidder, consortium of Engie, NESMA, Alajlan Global. (read more)
The Jubail 3B IWP plant will produce 570,000 m3/day of potable water through reverse osmosis technology to supply the Riyadh and Qassim Regions.
It will also include a 60MWp capacity solar PV facility – the largest in-house solar capability for a desalination plant in the Kingdom – to Reduce The cost of electricity per m3 . In addition, it will include one-day storage facilities.
Commercial operation date of the Jubail 3B IWP will be in the first quarter of 2024.
SEPCOIII, China is the EPC contractor of the project. (read more)
