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Saudi Water Partnership Company (SWPC) has announced the receipt of a bidder proposal for the potential development of Jubail 4 & 6 Independent Water Project.
A consortium of Saudi-based utility project developer Acwa Power, Haji Abdullah Alireza & Co. and AlSharif Contracting and Commercial Development has submitted the bid proposal for the project.
Jubail 4&6 IWP will produce 600,000 cu m/day of potable water and will also incorporate an electrical substation.
In September last year, SWPC had announced that nine leading utility developers/developer consortiums, had qualified for the project.
These included: Abu Dhabi National Energy Company (Taqa); Acciona Agua; Saudi developer Acwa Power; GS Inima; International Power (Engie); Marubeni Corporation Power and Water Utility Company for Jubail and Yanbu (Marafiq) as well as consortiums of Ajlan & Bros and Rawafid Industrial Company and that of Al Jomaih Energy & Water Company and Sogex Oman.
SWPC said it will conduct a competitive tender process to select a private sector developer/developer consortium that will be responsible for the funding, construction, 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.
The commercial operation date for the project is likely in the first quarter of 2028.-TradeArabia News Service