The Saudi utility pointed out that all the eight companies will be authorised to receive RFP (request for proposals) for supervision consultancy of desalination projects being developed in the kingdom.
Saudi Minister of Environment, Water and Agriculture, Abdul Rahman al-Fadhli, launched a plan to implement 18 water projects of $3.2 billion cost over the next ten years to enhance the quality of drinking water all over Saudi Arabia.
Speaking at the headquarters of the Chamber of Commerce in the Eastern region, Fadhli said that Water and Electricity Company (WEC) will change its name soon to the “Water Projects” pointing out that the new company will purchase water and will be tasked with water services, treatment, transport and storage to serve the private sector and investment seekers.
The Riyadh-based company submitted the lowest price among five bidders and its consortium with Saudi Brothers Commercial Company was selected to develop the desalination plant, Acwa Power said in a statement on Tuesday.
Saudi Arabia intends to offer water and farming projects worth around 36 billion Saudi riyals ($9.6 billion) to investors in the first quarter of 2019, a newspaper in the world’s largest oil exporter reported on Sunday.
The Environment, Water and Agriculture Ministry will issue tenders for the projects as part of plans to expand desalinated water and farming production in the Gulf kingdom, the Arabic language daily Aleqtisadia said.
Sadara Chemical Company (Sadara), a Joint Venture developed by Saudi Aramco & The Dow Chemical Company and Veolia Middle East SAS (“Veolia”), have signed an agreement for the construction and operation of a sustainable industrial waste to energy facility in PlasChem Park in Saudi Arabia.
Saudi Arabia’s state-owned Water and Electricity Company (WEC) has announced the consortium led by ACWA Power as the preferred bidder for its Rabigh 3 Independent Water Project (IWP), located at Rabigh on the Red Sea coast.
Rabigh 3 IWP involves the development, financing, procurement, implementation, operation and maintenance of a 600,000 cubic metres (m3)/day reverse osmosis desalination plant expandable to 1,200,000 m3/day.
A symbolic foundation stone for the 5,200 m3/d desalination facility, which is to be located on the Red Sea coast at Yanbu, was laid by Saudi leader King Salman during a visit to King Abdulaziz City for Science and Technology (KACST)