The race to win the Saudi Yanbu-4 water project is heating up as 10 utility developer consortiums lock horns.
The prequalified groups include top global players suchas FCC, Cobra and GS Inima (from Spain), Suez and Veolia (France) along with Emirati group Utico and Japan's Marubeni.
Saudi Water Partnership Company (SWPC) for the Yanbu-4 independent water project (IWP) is incharge of this project, TradeNews Arabia reported.
The project is being set up in the kingdom's Yanbu province using reverse osmosis (RO) seawater desalination technology, said senior officials of SWPC (formerly Saudi Water & Electricity Company).
On completion the Yanbu-4 IWP will have a potable water capacity of up to 450,000 cu.m. per day, said senior SWPC officials.The desalination plant will come up near the town of Ar Rayyis (140 km west of Madinah), on the Red Sea coast of Saudi Arabia.
SWPC officials told the local news agency once the winning developer or developer consortium gets selected, its scope of work will include development, financing, procurement, implementation, operation and maintenance of the 450,000-cu-m desalination plant, together with associated infrastructure and facilities.
Also it will sign a 25-year water purchase agreement, under which the consortium will sell the entire capacity and output to WEC, they added.