A consortium of Power China, SEPCOIII, and WETICO has received an engineering, procurement, and construction (EPC) contract for the Rabigh 4 Independent Water Plant (IWP) in Saudi Arabia.
The contract was secured from Acwa Power, Haji Abdullah Alireza & Co, and Al Moayyed Contracting Group for the 600,000m³/day IWP project, which is designed to serve the Makkah and Madinah regions.
The project is situated in the Western Province of the country on the Red Sea coast and is estimated to be built with an investment of SR2.54bn.
The project’s financial closure is anticipated to occur in the third quarter of this year.
ACWA Power is presently managing the Rabigh 3 IWP project, which is the first desalination plant of its size in the private sector, in the same area.
The addition of the Rabigh 4 IWP project will allow ACWA to double its desalination capacity in the area to 1.2 million m³/day, as well as 6.8 million m³/day across its portfolio.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataACWA chair Mohammad Abunayyan said: “We are pleased with the continuous progress on the project, which further expands our presence in the key Rabigh region, which supplies water to the two holy cities.
“In the last month, during a record-breaking Hajj season, we have reliably supplied from our plants over two-thirds of the water demand in the holy sites, and I am thankful to all our colleagues who have spent time away from their families so that 2.5 million worshippers could safely perform their pilgrimage.”