SWPC received Bids for Al Haer Independent Sewage Treatment Plant

SWPC received Bids for Al Haer Independent Sewage Treatment Plant

Saudi Water Partnership Company (SWPC) announced the receipt of the private sector bids for Al-Haer Independent Sewage Treatment Plant Project (ISTP Project).

Al Haer ISTP will have a total ultimate treatment capacity of 200,000 m3/day. It will be located in the city of Riyadh in Riyadh Province, Saudi Arabia.

Following Consortiums has submitted the proposals:

Acciona Company and TAWZEA Company

Alfanar Company and Civil Works Company

GS Inima Company and Alkhorayef Water and Power Technologies Company

Miahona Company and BESIX Company

SWPC earlier announces 24 Pre qualified bidders for the development of a new Al Haer ISTP.

As per the tender notification, SWPC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the Project, together with associated infrastructure and facilities.

Under a 25-year Sewage Treatment Agreement (STA) with SWPC, a project company is to be incorporated to develop the Project and will treat the entire sewage capacity supplied by SWPC.

SWPC’s obligations under the STA will be supported by a credit support agreement from the Government of Saudi Arabia.

SWPC is being advised by:

KPMG Professional Services as as Financial and Lead Advisor

White & Case LLP as Legal Advisor

Future Water and Power Consulting as Technical