ACWA Power consortium including GIC and Al Bawani to enhance water security in Saudi Arabia with Jubail 3A IWP
- Signs major water desalination project agreement with Saudi Water Partnership Company (SWPC)
- With a project investment value of USD $650 million, the Jubail 3A IWP will produce 600,000 m3 of potable water/day
Riyadh, Kingdom of Saudi Arabia, 30 April 2020: A consortium led by ACWA Power including Gulf Investment Corporation (GIC) and AlBawani Water & Power Company (Albawani) announced today the signing of a water purchase agreement with the Saudi Water Partnership Company (SWPC) for a greenfield sea water reverse osmosis desalination project in Jubail, KSA. The Jubail 3A Independent Water Plant (IWP) will have an investment value of USD $650 million and a capacity of 600,000 m3 of potable water/day, greatly contributing to Saudi efforts to ensure water security.
The 25-year agreement was signed with His Excellency Abdulrahman Abdulmohsen A. AlFadley, Minister of Environment, Water and Agriculture and Chairman of the Board Directors of SWPC. Under the terms of the partnership, the consortium led by ACWA Power will design, construct, commission, operate and maintain the desalination plant as well as associated potable water storage and electrical special facilities.
“The Jubail 3A is a highly significant project for the KSA water sector, featuring storage facilities as well as in-house solar power to reduce any burden on the energy grid. It will also be crucial in meeting growing water demand, supplying Riyadh, Qassim and the Eastern Provinces with much needed potable water,” he continued.
Desalinated water makes up 63 percent of water consumed in Saudi Arabia. ACWA Power is a leading industry player in the KSA water sector and has been entrusted with several major desalination projects in the country including the Rabigh IWP, Shuqaiq IWPP and the Shuaibah plants.
Along with creating new employment opportunities for Saudi talent in construction, operations and maintenance fields, Jubail 3A IWP will also contribute towards enhancing local content capabilities by utilizing local manufacturing to meet relevant needs.
The project will be delivered by ACWA Power, Gulf Investment Corporation and Al Bawani Water and Power Company. The Engineering Procurement Construction contract has been awarded to a consortium consisting of Power China, SEPCO-III and Abengoa.