Saudi Water Partnership Company (SWPC) announced the receipt of the private sector bids for Al-Haer Independent Sewage Treatment Plant Project (ISTP Project).
Al Haer ISTP will have a total ultimate treatment capacity of 200,000 m3/day. It will be located in the city of Riyadh in Riyadh Province, Saudi Arabia.
- Acciona Company and TAWZEA Company
- Alfanar Company and Civil Works Company
- GS Inima Company and Alkhorayef Water and Power Technologies Company
- Miahona Company and BESIX Company
SWPC earlier announces 24 Pre qualified bidders for the development of a new Al Haer ISTP.
As per the tender notification, SWPC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the Project, together with associated infrastructure and facilities.
Under a 25-year Sewage Treatment Agreement (STA) with SWPC, a project company is to be incorporated to develop the Project and will treat the entire sewage capacity supplied by SWPC.
SWPC’s obligations under the STA will be supported by a credit support agreement from the Government of Saudi Arabia.
SWPC is being advised by:
- KPMG Professional Services as as Financial and Lead Advisor
- White & Case LLP as Legal Advisor
- Future Water and Power Consulting as Technical Advisor.
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