Saudi Arabia names Juranah preferred bidder
27 November 2023
State water offtaker Saudi Water Partnership Company (SWPC) has named a developer consortium comprising companies from Saudi Arabia, Kuwait and the UAE as the preferred bidder for a contract to develop the kingdom’s first independent strategic water reservoir (ISWR) project in Mecca.
The team comprising the local Vision International Investment Company, Kuwait's Gulf Investment Corporation and the UAE's Abu Dhabi National Energy Company (Taqa) proposed to develop the project for SRhals18.11 ($c4.83) a cubic metre.
The Juranah ISWR scheme is the first of several reservoir projects that SWPC intends to develop with private sector partners. It has a design capacity of 2.5 million cubic metres.
The state offtaker named a second team as a reserved bidder. It comprises the local Abdul Aziz al-Ajlan Sons Company for Commercial & Real Estate Investment and Egypt's Orascom Construction, which offered SRhals 24.07696 for the contract.
The reservoir project is expected to start commercial operations in 2027.
SWPC qualified 17 companies that could bid for the contract in May last year.
Project goals
Previously referred to as Mecca 1, the Juranah ISWR project will be implemented using a build, own, operate and transfer model. The scheme includes a water reservoir as well as associated infrastructure and facilities.
Juranah supports Saudi Arabia’s goal to increase municipal water storage capacity to an average of three days in 2022 and seven days by 2030.
In addition, the government aims to increase water storage capacity to an equivalent of 20 days of Hajj demand in Mecca and 40 days of Hajj demand in Medina by 2022.
Two other schemes are planned for Mecca under SWPC’s 2022 seven-year planning statement.
The Mecca 2 ISWR will have a storage capacity of 6 million cubic metres, while the Mecca 3 ISWR will have a capacity of 8 million cubic metres.
A team of US/India-based Synergy Consulting, Canada’s WSP and the local Amer al-Amr are providing financial, technical and legal consultancy services to SWPC for the Mecca ISWR projects.
SWPC is planning to develop 11 other ISWR schemes. They are located in the Eastern Province, Medina, Qassim, Tabuk, Riyadh and Jizan, as well as in Al-Baha, Najran and Aseer.
Thumbnail image: Flickr
Exclusive from Meed
-
TotalEnergies signs $11bn Morocco green hydrogen deal
29 October 2024
-
Tadweer and Japanese firms to build recycling plant
29 October 2024
-
QatarEnergy to acquire 50% in Iraq 1GW solar project
29 October 2024
-
Kuwait tenders main Saad Al-Abdullah substation contract
28 October 2024
-
Emsteel and Masdar inaugurate pilot hydrogen plant
28 October 2024
All of this is only 1% of what MEED.com has to offer
Subscribe now and unlock all the 153,671 articles on MEED.com
- All the latest news, data, and market intelligence across MENA at your fingerprints
- First-hand updates and inside information on projects, clients and competitors that matter to you
- 20 years' archive of information, data, and news for you to access at your convenience
- Strategize to succeed and minimise risks with timely analysis of current and future market trends
Related Articles
-
TotalEnergies signs $11bn Morocco green hydrogen deal
29 October 2024
France's TotalEnergies has signed an agreement to develop an $11bn project to produce hydrogen and green ammonia in Morocco.
It was previously reported that the planned integrated facility will be located in Guelmim-Oued Noun in southern Morocco.
The deal is one of 22 that were signed during French President Emmanuel Macron's visit to the North African state on 28 October.
TotalEnergies chairman and CEO Patrick Pouyanne signed the agreement for the local production of green hydrogen and ammonia in the presence of Morocco's King Mohammed VI and Macron, according to local media reports
The counterparty includes Morocco's Minister of Energy, Leila Benali, Minister of Economy and Finance, Nadia Fattah, Minister of the Interior, Abdelouafi Laftit, and the Minister Delegate in charge of Investment, Karim Zidane.
It is understood that the project will require the development of 10GW of solar and wind energy and a land area of 187,000 hectares.
It was reported that Morocco's Unified Regional Investment Commission (CRUI) approved the project’s launch in November 2022.
The other agreements signed during Macron's visit to Morocco cover financial cooperation in the rail, forestry, aviation, logistics and energy sectors, with a particular focus on decarbonisaton and energy transition.
TotalEnergies has been exploring green hydrogen-related and other related projects across the Middle East and North Africa region.
In August, the Courbevoie- headquartered firm and Abu Dhabi Future Energy Company (Masdar), signed an agreement to assess the viability of developing a commercial green hydrogen to methanol to sustainable aviation fuel (saf) project.
It is also among the early investors in UK-based Xlinks First, which aims to deliver the $18bn Morocco-UK power interconnector project.
TotalEnergies acquired a minority stake in the company following an investment of $25.4m, which was announced in November last year.
https://image.digitalinsightresearch.in/uploads/NewsArticle/12811486/main.gif -
Tadweer and Japanese firms to build recycling plant
29 October 2024
Abu Dhabi-headquartered Tadweer Group is partnering with Japanese chemicals companies to build a plastic chemical recycling facility in Abu Dhabi.
The investment is expected to reach up to ¥40bn ($261.5m), with the facility set to be operational by 2026 or 2027.
The new facility will be capable of recycling a wide variety of plastics, including materials used in polyethylene terephthalate (PET) bottles and packaging containers, said Tadweer.
It will also introduce advanced technology that can revert plastic waste to raw materials.
Ali Al-Dhaheri, Tadweer Group managing director and CEO, said: "We are considering two or three Japanese companies with the necessary technological capabilities and hope to select partner or partners for collaboration within the next three to six months."
Al-Dhaheri added that the final investment will depend on the facility's processing capacity, and will likely range between $100m and $300m.He also mentioned the possibility of a joint investment with Japanese companies, stating, “while we are reviewing technologies from other countries, it is Japan that best meets our requirements”.
Japan is recognised for its high PET bottle recycling rate and has made significant strides in the recycling of other plastics.
Tadweer added that it has existing partnerships with Marubeni Corporation and other Japanese companies, mainly in the power generation sector, and now plans to expand its collaboration with Japanese firms that possess advanced technology and expertise.
Related read: Dhafra waste-to-energy work to start
Photo credit: Pixabay
https://image.digitalinsightresearch.in/uploads/NewsArticle/12811435/main.jpg -
QatarEnergy to acquire 50% in Iraq 1GW solar project
29 October 2024
QatarEnergy has signed an agreement with France's Total Energies to acquire a 50% interest in the 1,000MW solar photovoltaic (PV) project as part of the $27bn gas growth integrated project (GGIP) in Iraq.
Total Energies will retain the remaining 50% of the project. The shared ownership is subject to regulatory approvals.
Located in Artawi – also known as Ratawi – in southern Iraq, the solar PV project is expected to start construction soon, MEED reported on 25 October.
In a statement, QatarEnergy said: "The project will consist of 2 million high-efficiency bifacial solar panels mounted on single-axis trackers and will, upon its completion, be capable of supplying up to 1.25 gigawatts (peak) of solar-generated power to the electricity grid in the Basra region of Iraq.
"The project will be developed in phases that will come online between 2025 and 2027 and will have the capacity to provide electricity to about 350,000 homes in the Basra region."
TotalEnergies Renewables awarded China Energy Engineering International Group the engineering, procurement and construction contract for the project in August.
China Energy Engineering Tianjin Electric Power Construction, International Group and Southwest Institute will deliver the project.
It was reported at the time that construction work is expected to start later this year, and completion is expected in early 2027.
The project includes the design, procurement, construction and commissioning of the PV power station site and 132-kilovolt booster station, with a capacity of 1,000MW.
In addition to the solar PV independent power project (IPP), the three main projects that make up the $27bn GGIP project include:
- A treatment facility for associated natural gas from five southern oil fields – West Qurna 2, Majnoon, Artawi, Tuba and Luhais
- The $4bn common seawater supply project
- Development of the Artawi gas field
QatarEnergy announced in June 2023 that it had entered into a consortium to implement the GGIP project in Iraq, with a 25% participating interest, together with TotalEnergies (45%) and Iraq’s Basra Oil Company (30%).
https://image.digitalinsightresearch.in/uploads/NewsArticle/12811027/main.jpg -
Kuwait tenders main Saad Al-Abdullah substation contract
28 October 2024
Kuwait's Public Authority for Housing Welfare (PAHW) has tendered a contract to construct a main substation project at South Saad Al-Abdullah Residential City.
The selected bidder will supply, install, implement and maintain the planned 11/132/400-kilovolt (kV) substation
The PAHW expects to receive bids for the contract, for which it set a bid bond of KD500,000 ($1.6m), on 28 October.
Located in Kuwait's Al-Jahra Governorate, the South Saad Al-Abdullah housing project covers an area of 64 square kilometres and consists of five residential areas with 24,508 housing units.
The PAHW recently awarded two substation contracts for another city, which is being developed in Al-Jahra.
The Kuwait branch of Saudi Arabia's National Contracting Company (NCC) won a contract to build 10 132/11-kV substations in Sabah Al-Ahmad City, MEED reported earlier this month.
The substations will cater to neighbourhoods N5, N6, N8 and N10 in South Sabah Al-Ahmed City. The 24-month contract is valued at SR534m ($142m).
Al-Ahleia Switchboard Company won the other tender for the supply, installation, implementation and maintenance of 10 11/132kV main transformer stations in Sabah Al-Ahmed's N5, N7 and N9 neighbourhoods.
Located 80 kilometres south of Kuwait City, the South Sabah Al-Ahmad residential development will be home to an estimated 280,000 people when complete.
https://image.digitalinsightresearch.in/uploads/NewsArticle/12804333/main2244.gif -
Emsteel and Masdar inaugurate pilot hydrogen plant
28 October 2024
Register for MEED's 14-day trial access
Emsteel and Abu Dhabi Future Energy Company (Masdar) have inaugurated a pilot green hydrogen plant at Emsteel's manufacturing complex in Mussafah, Abu Dhabi.
The pilot project's electrolyser capacity and equipment supplier have not yet been disclosed.
MEED understands the plant utilises solar power from the grid to produce hydrogen on site.
The project sets the stage for Emsteel to use green or renewable hydrogen, instead of natural gas, to extract iron from iron ore.
Emsteel Group CEO, Saeed Ghumran Al-Remeithi, said the partnership with Masdar is part of a commitment to "accelerate decarbonising green steel production in the UAE and the wider Middle East and North Africa (Mena) region".
During the launch event for the plant, Al-Remeithi said the project marks a significant step towards making the UAE "a world green hydrogen leader" and Emsteel "a hub for green steel".
In a press briefing on 28 October, Saeed Al-Ghafri, CEO of Emirates Steel, said the plan is to scale up the pilot green hydrogen facility to enable it to meet demand for green steel both locally and from abroad.
"We are decarbonising across verticals through carbon capture and green hydrogen … to serve the UAE market and eventually to go global," he said.
Al-Ghafri declined to confirm whether the plan entails developing a major integrated facility with Masdar in one of two planned green hydrogen oases in Abu Dhabi, or offtaking the hydrogen produced at one of the future facilities planned in the emirate.
Previously known as Emirates Steel Arkan, the steel and cement producer rebranded as Emsteel in September as part of a broader strategy to accelerate operational transformation and expand its global footprint.
Headquartered in Abu Dhabi, Emsteel operates 16 plants with an annual production capacity of 3.5 million tonnes a year (t/y) of steel and 4.6 million t/y of cement. The company exports its products to over 70 markets, which account for 30% of its sales.
The rebranding followed the merger of Emirates Steel and Arkan Building Materials in late 2021, establishing the UAE’s largest steel and construction materials company, valued at $3.53bn.
Emsteel, which contributes 11% of Abu Dhabi’s manufacturing output, operates through two main divisions: Emirates Steel and Emirates Cement.
The cement division includes Al-Ain Cement Factory, Emirates Blocks Factories, Anabeeb and Arkan Bags.
Emsteel has a focus on low-carbon products, with the group committing to reduce carbon emissions as part of the UAE’s Net Zero by 2050 strategic initiative, with 80% of its operations powered by clean energy.
The company is also a key player in the UAE’s industrial strategy, Operation 300bn, holding a 60% share of the UAE’s steel market.
https://image.digitalinsightresearch.in/uploads/NewsArticle/12803934/main.jpg