Nine qualify for Jubail 4 and 6 water scheme
27 September 2023
Saudi Water Partnership Company (SWPC) has qualified nine individual companies and consortiums for a contract to develop a new independent water producer (IWP) project in Jubail.
The planned Jubail 4 and 6 IWP scheme will be able to treat 600,000 cubic metres a day (cm/d) of seawater using reverse osmosis technology.
The following utility developers and investors have qualified to bid for the contract:
- Abu Dhabi National Energy Company (Taqa)
- Acciona (Spain)
- Acwa Power (local)
- Ajlan & Bros (local) / Rawafid Industrial Company (local)
- Al-Jomaih Energy Water Company (local) / Sogex Oman Company (local)
- GS Inima (Spain/South Korea)
- International Power (Engie, France)
- Marubeni Corporation (Japan)
- Power & Water Utility Company for Jubail & Yanbu (Marafiq, local)
Interested companies submitted statements of qualifications for the contract in March, as MEED reported.
Thirty-five companies, including 16 Saudi-based firms, previously expressed interest in the project.
The desalination plant will be located 18 kilometres south of Jubail Industrial City, adjacent to four existing desalination units – Jubail phase one, Jubail phase two, and the Jubail 3A and 3B IWP facilities.
As with IWP contracts already awarded in the kingdom, the successful bidder, through a project company, will develop the project and sell the entire capacity and output to SWPC under a 25-year water-purchase agreement (WPA).
A credit support agreement from the government of Saudi Arabia backs SWPC’s obligations under the WPA.
SWPC’s transaction advisory team for the project comprises Netherlands-headquartered KPMG Professional Services as lead and financial adviser, UK-based Eversheds Sutherland as legal adviser and Canada’s WSP as technical adviser.
It also recently appointed UAE-based Future Water & Power Consulting to assist with the project tender and in finalising the site studies required for the bid.
The project is among the nine IWPs planned between 2022 and 2028 by SWPC, including the Ras Mohaisen IWP project, which is in the bid stage.
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