| Work Detail |
The Water Transmission Company (WTCO), Saudi Arabia announces the list of bidders expressed their intrest in respect of the development of Ras Mohaisen – Baha – Makkah Independent Water Transmission System (IWTS), part of the Western Supply Group.
This project will have a contracted transmission capacity of 515,000 cubic meters per day, and length of approximately 300 km.
Following the list of Bidders expressed intrest:
EOI #
Interested Party
1
Abu Dhabi National Energy Company PJSC (TAQA)
2
Acciona Agua S.A
3
Al Bawani Capital
4
Al Bawardi Group Holding
5
Al Jomaih Energy & Water Co
6
Al Kobraish lnvestment and Construction Company
7
Al Yamamah Water Projects Company
8
Al-Ayuni Investment & Contracting Company (AICC)
9
Alghanim International
10
Alkhorayef Water and Power Technologies
11
Alrawaf Contracting
12
Buhur For Investment Company
13
Civil Work Company LTD
14
Contrax International DMCC
15
Cox Water
16
Elecnor Group
17
Emirates Utilities Development Company (EUDC)
18
Kalpataru Projects International Limited (KPIL)
19
Lonestar Construction
20
Megha Engineering and Infrastructures Limited (MEIL)
21
Mofarreh Al-Harbi & Partners
22
Mutlaq AL-Ghowairi Contracting Company – MGC
23
NESMA Company
24
Orascom Construction (OC)
25
Ouais Group Construction Company
26
Precision Scientific Equipment (PSE)
27
Rawafid Industrial Company
28
Restorever
29
Sojitz Corporation
30
Thrustboring Construction Co. Ltd. (TCC)
31
Vision International Investment Company (“Vision Invest”)
As per the notification, WTCO will conduct a competitive process to select a developer or developer consortium to develop the Project on a Design, Build, Finance, Lease and Transfer (“DBFLT”) basis.
The project company developing the Project will lease the entire transmission capacity to WTCO under a Water Transmission Development and Lease Agreement (“WTDLA”). The term of the WTDLA is expected to be up to 35 years.
The Saudi National Water Strategy (NWS 2030), in accordance with the Saudi Vision 2030, recognizes the critical importance of ensuring sustainable development of the Kingdom’s water resources while providing affordable high-quality services. Amongst the key goals under NWS 2030 are i) to reduce the water demand supply gap in the Kingdom; and ii) to provide 90% of national urban supply by desalinated water to reduce reliance on non-renewable ground sources.
Through the Independent Water Transmission System (“IWTS”) program, the Saudi Government aims to achieve the aforementioned goals, by developing the necessary potable Water Transmission Systems (WTS) network comprising of pipelines and interim/terminal storage facilities to provide critical connectivity between the consumption centers and the upcoming desalination plants.
The advisers on the Project are:
• Synergy Consulting IFA Inc. as Lead and Financial Adviser;
• Clifford Chance as Legal Adviser;
• ILF as Technical Adviser. |
