SWPC has announced that a consortium led by Saudi utility developer Acwa Power with key partners Haji Abdullah Alireza & Partners Co. and AlKifah holding has emerged as the preferred bidder for Ras Mohaisen Independent Water Plant, while Spanish infrastructure major Acciona is the reserve bidder.
Ras Mohaisen IWP will be located 300 km south of Makkah on the Red Sea coast in the kingdom’s Western Province.
The scope of work for the winning bidder includes development, financing, procurement, implementation, operation and maintenance of the project.
SWPC will also sign a deal with bidder to purchase the output and entire capacity of the project, under a Water Purchase Agreement (WPA) for a period of 25 years.
