On 24/12/2018, Water & Electricity Company (WEC) announces the bid results for Saudi Arabia’s Shuqaiq-3 IWP. Following is the bid results :
Levelised Water Cost (LWC) in Saudi Arabian Riyals (SAR) – Base Water Quality:
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Bidder Consortium
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LWC
SAR /m3
|
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Marubeni Corporation, Acciona Agua S.A., Abdul Latif Jameel Commercial Development Company and Rawafid Alhadarah Holding Co
|
1.9521
|
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The International Company for Water and Power Projects (Acwa Power), Saudi Brothers Commercial Company and Al-Babtain Contracting
|
1.9638
|
|
International Power S.A. Dubai Branch (ENGIE), Mitsubishi Corporation, Metito Utilities Limited and Saudi Services for Electro Mechanic Works Co
|
1.9677
|
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Veolia Middle East, The Power and Water Utility Company for Jubail and Yanbu (Marafiq) and Alamwal Alkhaleejiah Althaniya
|
1.9688
|
|
FCC Aqualia S.A., Haji Abdullah Alireza & Co. Ltd and NESMA Holding Co. Ltd
|
2.0199
|
|
Cobra Instalaciones y Servicios, S.A., Orascom Construction and Al-Blagha Holding For Investments Co
|
2.070
|
The Shuqaiq-3 IWP Plant will be located in the city of Shuqaiq, on the Red Sea Coast, approximately 137 km north of Jazan, Southern region of Saudi Arabia. The Plant is designed using Reverse Osmosis seawater desalination technology to produce the potable water. Once, the project constructed, the Desalination plant will have a capacity of 450,000 cubic meters a day.
WEC is being advised by:
- Sumitomo Mitsui Banking Corporation (DIFC Branch) as Lead and Financial Adviser
- DLA Piper Saudi Arabia as Legal Adviser; and
- ILF-Tecon & Partners Engineering PSC as Technical Advise
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