A consortium led by ACWA Power, a Saudi developer and operator of a portfolio of power generation and desalinated water production plants, and its partners Haji Abdullah Alireza & Co (HAACO) and Al Moayyed Contracting Group (AMCG) have been selected by Saudi Water Partnership Company (SWPC) as preferred bidder for the Rabigh 4 Independent Water Project (IWP) with a total capacity of 600,000 cubic meters per day, reports Trade Arabia.
Due for completion in Q4 2025, the new desalination facility will be built 180 km northwest of Makkah on the Red Sea coast in the Western Province. It will include the desalination plant and all associated infrastructure and facilities.
SWPC is pleased to announce the Preferred and Reserved Bidders and their Levelized Water Cost for Rabigh-4 IWP which will be located in Rabigh city with Capacity of 600 thousand m3/Day. https://t.co/3vd6BFBZoe pic.twitter.com/xpoAByXib7
— الشركة السعودية لشراكات المياه (@SWPCsmllc) February 26, 2023
In November 2022, SWPC had announced three out of a total of 39 firms had made it to the final round for the development of the Rabigh 4 Independent Water Project (IWP):
- Acciona with consortium partner Saudi group Ajlan & Brothers Company;
- Acwa with Haji Hussein Ali Reda and Partners Company and Almoayyed Contracting Group
- French multinational utility group Engie
According to SWPC, ACWA Power, the winning firm, will be responsible for the development, financing, procurement, implementation and operation and maintenance of the Rabigh 4 project.
The project will be developed under a 25-year water purchase agreement (WPA), which will be supported by a credit support agreement from the Saudi government.