Sepco 3 and Wabag team wins Al Haer EPC package
11 March 2024
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A team comprising China's Sepco 3 and India-headquartered Va Tech Wabag has been appointed to undertake the engineering, procurement and construction (EPC) contract for the Al Haer independent sewage treatment plant (ISTP) project in Riyadh, Saudi Arabia.
The Al Haer ISTP project involves the development of a water treatment plant with a capacity of 200,000 cubic metres a day (cm/d).
It also includes the development of a treated sewage effluent (TSE) reuse system that covers a 32-kilometre pipeline with a capacity of 400,000 cm/d, a pumping station and TSE reservoir tanks with a capacity of 200,000 cubic metres.
The build-own-operate-transfer project is expected to reach commercial operation by the fourth quarter of 2026.
Saudi Water Partnership Company (SWPC) signed a 25-year water-purchase agreement with the project's developer team on 10 March.
A consortium of the local Miahona Company and Belgium's Besix won the contract to develop and operate the proposed Al Haer ISTP. It then selected the Sepco 3/Wabag team to execute the project's EPC contract.
The Miahona/Besix team offered to develop the project for SR1.9407 ($0.5173) a cubic metre, while the second-lowest bid, from a team comprising Spain's Acciona and the local Tawzea, was SR2.2041 a cubic metre.
SWPC qualified more than 20 companies last year to bid for the Al Haer ISTP contract, which is part of the third batch of the kingdom's ISTP programme.
It requested proposals for the contract from qualified bidders in November 2022.
Third batch schemes
Two other projects comprise the initial third ISTP batch. The Riyadh East and Khamis Mushait ISTP schemes will have 150,000 cm/d and 50,000 cm/d capacities, respectively. The contract to develop the two schemes has yet to be tendered.
Originally comprising three schemes with a total capacity of 400,000 cm/d, batch three of the ISTP programme has been expanded to include the Hadda ISTP, which has a design capacity of 500,000 cm/d, and the Arana ISTP, which has a design capacity of 800,000 cm/d.
The procurement process for these two schemes will be undertaken separately.
Future Water & Power Consulting, KPMG and White & Case are providing technical, financial and legal advisory services, respectively, to the client for the ISTP batch three projects.
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Sources: IMF (April 2024), MEED Projects, MEED
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Read the May 2024 MEED Business Review
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Abu Dhabi holds Taweelah C roadshow
30 April 2024
Abu Dhabi state utility and offtaker Emirates Water & Electricity Company (Ewec) conducted an investor roadshow last week for its upcoming combined-cycle gas turbine (CCGT) independent power project (IPP).
Ewec met with at least six utility developers separately, according to sources familiar with the scheme.
MEED previously reported that Ewec is considering issuing a tender in the next few weeks for its first gas-fired IPP since 2020.
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Region puts its priorities first
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Colin Foreman
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Retal signs Roshn Sedra building construction deal
30 April 2024
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Saudi Arabia’s Retal Urban Development Company (Retal) has awarded a SR240m ($64m) contract to its subsidiary Building Construction Company.
The contract covers constructing eight residential buildings in Roshn’s Sedra housing community in Riyadh.
The contract duration is 26 months.
In November last year, Saudi Arabia’s Public Investment Fund (PIF)-backed gigaproject developer Roshn signed a SR374.76m ($100m) real estate development deal with Retal.
The agreement covers the purchase of land and the development of 363 housing units in Sedra.
The contract duration is three years, according to the official statement issued on Saudi Arabia’s stock exchange Tadawaul.
Retal was established in 2012 by the local Al Fozan Holding Company to develop real estate projects in the kingdom.
Created in 2018, Roshn aims to increase homeownership rates among Saudi citizens to 7%.
The company plans to develop more than 395,000 residential units in cities within Riyadh, Mecca, Asir and the Eastern Region.
Roshn is developing the Sedra community in northeast Riyadh. It is masterplanned to include 30,000 homes across eight phases.
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