Home Water Awarded Yanbu 4 IWP to the consortium

Awarded Yanbu 4 IWP to the consortium

Saudi Water Partnership Company, formerly known as Water & Electricity Company (WEC) signed the project contract for Yanbu 4 IWP (Independent Water Producer) project.

His Excellency the Minister of Environment, Water and Agriculture, & Chairman of the Board Directors of Saudi Water Partnership Company Eng. Abdulrahman bin Abdulmohsen AlFadley signed the Project contracts with the consortium include of France’s Engie and Saudi Arabia’s Mowah Company.

Earlier this month, SWPC appointed the preferred bidder for Yanbu-4 IWP. Engie and Mowah Company’s Consortium submitted the minimum price of SAR 1.7446/Cu.m.

South Korea based Doosan Heavy Industries will be the EPC contractor for Yanbu-4 IWP.

The Consortium Scope of Works associated development, design, financing, construction, commissioning, operation, and maintenance of Yanbu-4 IWP of 450,000 m3/day.

Yanbu 4 IWP desalination plant will be located close to the town of Ar Rayyis (140 km west of Madina), Yanbu region, on the Red Sea coast of the Kingdom of Saudi Arabia.

Once the project commissioned, it will feed Makkah and Madinah regions with potable water. The Project will comprise two days of storage tanks as well as solar power to reduce the power consumption from the network.

Under a concession of 25 years, the project company to be incorporated to develop the Project will sell the whole capacity and output to SWPC under a Water Purchase Agreement.

The commercial operation of the project is expected to be in the first quarter of 2023.

For Yanbu 4 IWP, SWPC is being advised by: 

  • Sumitomo Mitsui Banking Corporation DIFC Branch as Lead and Financial Adviser;
  • DLA Piper Middle East LLP as Legal Adviser; and
  • ILF Consulting Engineers as Technical Adviser.

SWPC already assigned Rabigh-3 IWP having a plant capacity 600,000 Cu.m/day to ACWA Power Consortium and Shuqaiq-3 IWP having a plant capacity 450,000 Cu.m/day to Marubeni Consortium.

Jubail 3A IWP (Plant Capacity 600,000 m3/day)  is under evaluation by SWPC.

Jubail 3B IWP (Plant Capacity 570,000 m3/day) is in bidding stage.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Hill International secured $318 million Egyptian hospital revamp project

Hill International has secured a contract to provide construction management services for the $318m Kasr Al-Ainy Hospitals refurbishment project for Cairo University...

Actis eyeing $4.5bn fund for Mena renewable energy projects

Actis, an emerging markets investment firm based in London, UK, is eyeing finance worth $4 billion for launching its new international fund...

Abu Dhabi waste energy projects

The Abu Dhabi National Energy Company (Taqa), Emirates Water and Electricity Company (Ewec), and the Abu Dhabi Waste Management Centre (Tadweer) have...

SWPC invites to submit EOI for the Ras Mohaisen IWP

Saudi Arabian Company SWPC has invited developers to submit expressions of interest (EOI) for the planned Ras Mohaisen independent water project (IWP).