Saudi Water Partnership Company S.M.L.L.C (SWPC) announced the receipt of expressions of interest (EOI) in respect of the potential development of an Independent Water Project to be designed using Reverse Osmosis seawater desalination technology, Jubail 4 & 6 Independent Water Project.
The desalination plant will be located 18 kms south of Jubail Industrial City at the Arabian Gulf Coast, adjacent to the existing plant units (Jubail Phase 1, Jubail Phase 2, Jubail 3A & 3B), in the Eastern Province of the Kingdom of Saudi Arabia.
A total of 35 companies including 16 Saudi companies expressed their interest in the Project as follows:
1. Abengoa Agua S.A.
2. Abu Dhabi National Energy Company PJSC (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. W.L.L.
11. Aljomaih Energy and Water Company
12. Awad Saad Binzafrah Contracting Co. Ltd.
13. Buhur for Investment Co.
14. China First Heavy Industries International Development Co., Ltd (“CFHI”)
15. Elecnor Group
16. Fas Energy
17. Fisia Italimpianti S.p.A
18. GS Inima
19. Hainan Litree Purifying Technology Co. Ltd.
20. Kahrabel FZE (Engie Middle East)
21. Kindasa Water Services
22. Lantania Aguas
23. Marubeni Corporation
24. Metito Utilities Limited
25. Mowah Company CJSC
26. Nesma Company Ltd.
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 FZC
33. VA TECH WABAG LTD.
34. Veolia Middle East
35. Vishvaraj Environment Pvt Ltd.
Power supply to the Project will be provided from the Saudi Electricity Company’s high voltage network.
The Project will be constructed with a 600,000 m3/day potable water capacity and will include the desalination plant and all associated infrastructure and facilities.
SWPC intends to conduct a competitive tender process to select a private sector developer (which may be a developer consortium) for the development, financing, procurement, implementation, operation and maintenance of the Project.
The successful bidder, through a project company to be incorporated, would develop the Project and sell the entire capacity and output to SWPC under a 25-year concession pursuant to a Water Purchase Agreement (WPA).
SWPC’s obligations under the WPA will be supported by a credit support agreement from the government of the Kingdom of Saudi Arabia.
Interested Bidders should express their interest to participate in the tender process by no later than 9 January 2023.
SWPC’s professional advisors on the Project are:
• KPMG Professional Services as Lead Advisor and Financial Advisor;
• Eversheds Sutherland (International) LLP as Legal Advisor; and
• WSP as Technical Advisor
SWPC also announced that the Request for Qualification (RFQ) for Jubail 4&6 IWP has been issued to the interested companies.
Application for pre-qualification is open, on an individual basis or as a Consortium, to all entities which have submitted an expression of interest, or any such entity that has not submitted an expression of interest and has obtained SWPC’s approval. The entities can obtain SWPC’s approval through submitting their request before 21/02/2023.