Agreement signed for the Independent Water Plant in Saudi Arabia

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Agreement signed for the Independent Water Plant in Saudi Arabia

The Saudi Water Partnership Company (SWPC) has signed an agreement valued at SAR 2.6 billion (US$ 692.8 million) with ACWA Power, Hajj Abdullah Ali Reza & Partners, and Al-Kifah Holding for the Ras Mohaisen Independent Water Plant (IWP) project located in Al-Qunfudhah, Makkah Region in Saudi Arabia.

The Desalination Water Plant project with a production capacity of 300,000 cubic meters of desalinated water per day in Ras Mohaisen will enhance the water supply chains, and it is intended to serve the residents and visitors of Makkah and Al-Bahah regions. The initial operational phase of the project will begin in Q1 of 2028. It will operate using reverse osmosis technology, contributing to reducing electricity consumption levels, achieving high levels of continuous production, lowering operating costs, and supporting local content by increasing the localization rate in operations and human resources. 

The project was offered to investors under the Build-Own-Operate (BOO) system, and it attracted the interest of 44 companies, including 21 Saudi companies. Thirteen applicants were qualified, and the preferred bid consortium was selected after a competition between two consortia, which included three local companies and one international company. The winning consortium consists of “ACWA Power,” Hajj Abdullah Ali Reza & Partners, and Al-Kifah Holding Company.

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