Thursday 9 July 2020

Global utility giants in race for Madinah 3 sewage project

RIYADH, June 4, 2020

Saudi Water Partnership Company (SWPC) has announced that six leading international utility project developers have been prequalified to bid for Madinah 3, a key independent sewage treatment plant (ISTP) coming up in the Saudi city.
These include consortiums led by Spanish groups Acciona Agua (with partner International Water Distribution Company {Tawzea}); FCC Aqualia (with partners Alkhorayef Water & Power Technologies and Alfanar Company); and G S Inima Environment (with Al Jomaih Energy and Water Company).
The other prequalified bidders are Marubeni Corporation,  a leading developer and operator of international power projects; Metito Utilities, a leader in total intelligent water management solutions in emerging markets and Veolia Middle East, a specialist in optimised resource management.
A major ISTP, Madinah 3 will have a total treatment capacity of 375,000 cu m per day. 
The project is part of the government's programme to commission a further round of new ISTPs in the kingdom, said SWPC, which had invited expressions of interest (EOIs) for the mega project in January this year.
Under a 25-year sewage treatment agreement with SWPC, a project company is to be incorporated to develop the project and it will treat the entire sewage capacity supplied by SWPC. 
The Saudi utility firm said the winning developer/developer consortium would be responsible for the financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the project, together with associated infrastructure and facilities.    
SWPC is being advised by Sumitomo Mitsui Banking Corporation (DIFC Branch – Dubai) as lead and financial adviser; DLA Piper as legal adviser; and WS Atkins & Partners Overseas Engineering Consultants as technical adviser for the Madinah 3 project.-TradeArabia News Service


More Construction & Real Estate Stories

calendarCalendar of Events