Saudi Water Partnership Company (SWPC) has invited expressions of interest (EoIs) from leading developers to finance, build, operate and maintain a key seawater reverse osmosis (SWRO) desalination water project near Jubail Industrial City.
The desalination plant will be located 18 km south of Jubail Industrial City in the kingdom, adjacent to the existing plant units (Jubail Phase 1, Jubail Phase 2, Jubail 3A & 3B), in the Eastern Province of the kingdom.
The Jubail 4 & 6 Independent Water Project, which includes the desalination plant and all associated infrastructure and facilities, will boast a total capacity of 600,000 cu m potable water per day.
The power supply to the project will be provided from the Saudi Electricity Company’s high voltage network, it added.
SWPC said it will be conducting a competitive tender process to select a private developer/developer consortium taht will provide financing, procurement, implementation, operation and maintenance services for the project.
The successful bidder, through a project company to be incorporated, would then develop the plant and sell the entire capacity and output to SWPC under a 25-year concession pursuant to a Water Purchase Agreement.
The Saudi utility developer has set January 9, 2023 as the deadline for submitting the bids.
Leading professional advisors have been signed up for the key project. KPMG Professional Services is the lead advisor and financial advisor; Eversheds Sutherland (International) the legal advisor and WSP the technical advisor.-TradeArabia News Service