Saudi Water Partnership Company (SWPC) has announced the prequalification of 24 bidders for participation in the tender of the Al-Haer Independent Sewage Treatment Plant (ISTP).
The facility will be situated in City of Riyadh in Riyadh Province and will have a total ultimate treatment capacity” of 200,000 cubic metres per day (m3/day).
Last year, in December, the company had invited developers to submit prequalification documents after having received expressions of interest (EOI) from 39 developers for the Al-Haer independent sewage treatment plant (ISTP).
In a statement released on Sunday, the company announced the names of the prequalified firms:
- Abdul Aziz Al Ajlan Sons Company for Commercial & Real Estate Investment
- Acciona Agua
- Alfanar Company
- International Water Distribution Company (TAWZEA)
- Tamasuk Holding Company/ Al Blagha Group Company
- China Gezhouba Group Company
- China Harbour Engineering Company
- Civil Works Company
- Cobra Instalaciones y Servicios
- SETE Energy Saudia for Industrial Projects
- GS Inima Environment
- Metito Utilities Limited
- Miahona Company
- Mowah Company
- SAUR SAS
- Power and Water Utility Company for Yanbu and Jubail (Marafiq)
- de Obras y Servicios, COPASA Group
- Suez International
- Alkhorayef Water and Power Technologies Company
- China Everbright Water Investment
- Jinluo Water Company
- Lamar Saudi United Holding
- Vishvaraj Environment Private
The plant is expected to be finished in 2023 and according to Energy & Utilities, the successful bidder will form a special purpose vehicle (SPV) to operate and maintain the plant under a 25-year sewage treatment agreement (STA) with SWPC. SWPC’s obligations will be supported by a credit support agreement from the Saudi government.
SWPC is being advised by KPMG as financial and lead advisor; White & Case as legal advisor; and Future Water and Power Consulting as Technical Advisor for the project.