Saudi's WEC receives EOI responses from 71 consortiums for Yanbu IWP project
Water & Electricity Company (WEC) in Saudi Arabia has announced that 71 developer consortia have expressed interest in the independent water project (IWP) to be developed in Yanbu. This desalination project will use reverse osmosis (RO) seawater desalination technology that can generate up to 450,000cu/m per day of potable water. It will be installed near the town of Ar Rayyis (140 km west of Madinah), on Saudi’s Red Sea coast.
WEC received interest from global and local companies including SNC-Lavalin, French groups Suez International, Veolia Middle East and Engie and Spanish Tecnicas Reunidas, Abengoa (Spain), as well as Sumitomio and JGC Corporation (Japan), Bechtel (US), Doosan Heavy Industries & Construction (Korea), Fisia Italimpianti (Italy) Shanghai Electric Group (China) and two companies from India – Adani Infra (India) Limited and VA Tech Wabag. UAE’s Mubadala Investment Company, Abu Dhabi Future Energy Company (Masdar) and Utico apart from Orascom Construction (Egypt), have also expressed interest in the project.
WEC will sign a water purchase agreement for 25 years.
Country updates
-
-
April 10, 2019
Saudi's WEC relaunches tender for Yanbu-4 IWP
The Water & Electricity Company (WEC) of Saudi Arabia has relaunched its request for expressions of interest for the development of Yanbu phase 4 independent water producer (IWP) project...
Read more -
April 04, 2019
RFQ submitted for sewage treatment PPP in Saudi Arabia
Saudi Arabia's Water & Electricity L.L.C (WEC) has received qualification documents from 15 private developers for the independent sewage treatment plant in the city of Taif, in the Mecca Pro...
Read more -
March 05, 2019
Financial close for US$700 million desalination PPP in Saudi Arabia
ACWA Power has announced the successful signing of senior financing and hedging agreements for the SR2.625 billion (US$700 million) Rabigh-3 Independent Water Project (IWP).
Read more -
March 05, 2019
RFQ launched for sewage treatment PPP in Saudi Arabia
Saudi Arabia's Water & Electricity L.L.C (WEC) has issued a Request for Pre-Qualification (RFQ) to interested parties for the Taif Independent Sewage Treatment Project (ISTP). WEC is looking...
Read more -
March 01, 2019
Marafiq-led consortium signs contract for sewage treatment PPP at Jeddah Airport
The Water & Electricity Company (WEC) of Saudi Arabia has announced that it has signed an agreement with a consortium led by the Power and Water Utility Company for Jubail and Yanbu (Marafiq), to...
Read more
