Saudi Water Partnership Company S.M.L.L.C (SWPC) announced the receipt of Bidder proposal in respect of the potential development of Jubail 4 & 6 Independent Water Project.
ACWA Power, Haji Abdullah Alireza & Co. and AlSharif Contracting and Commercial Development consortium has submitted the proposal.
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.
Jubail 4&6 IWP will produce 600,000 m3/day of potable water and will also incorporate an electrical substation.
As per the earlier notification, 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.
The anticipated Commercial Operation Date for the project is expected to be in the first quarter of 2028.
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