Acwa Power wins contract to develop Saudi water desalination plant – Saudi Arabia

Saudi Arabia’s utility developer Acwa Power won a contract to develop the Rabigh 3 independent water-desalination plant (IWP) located on the kingdom’s Red Sea coast.

The Riyadh-based company submitted the lowest price among five bidders and its consortium with Saudi Brothers Commercial Company was selected to develop the desalination plant, Acwa Power said in a statement on Tuesday.

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Acwa Power wins contract to develop Saudi water desalination plant – Saudi Arabia2018-12-25T22:15:45+01:00

Sultanate signs RO150mn loan agreements to finance development projects – Muscat

The Ministry of Finance and the Arab Fund for Economic and Social Development (AFESD) on Monday signed two loan agreements worth RO150mn for financing development projects in the sultanate.

The two agreements were signed by H E Darwish bin Ismail bin Ali al Balushi, Minister Responsible for Financial Affairs and Abdullatif Yousef al Hamad, chairman and director general of AFESD.

The first agreement worth RO89mn will be utilised in financing part of the project for enhancing the water pipelines in the […]

Sultanate signs RO150mn loan agreements to finance development projects – Muscat2018-12-25T05:41:48+01:00

Saudi to offer $9.6bln water projects in Q1 2019 – Saudi Arabia

Saudi Arabia intends to offer water and farming projects worth around 36 billion Saudi riyals ($9.6 billion) to investors in the first quarter of 2019, a newspaper in the world’s largest oil exporter reported on Sunday.

The Environment, Water and Agriculture Ministry will issue tenders for the projects as part of plans to expand desalinated water and farming production in the Gulf kingdom, the Arabic language daily Aleqtisadia said.

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Saudi to offer $9.6bln water projects in Q1 2019 – Saudi Arabia2018-12-23T14:08:40+01:00

EXCLUSIVE: Low bidders emerge for two Saudi desalination projects – Saudi Arabia

State desalination provider Saline Water Conversion Corporation (SWCC) has received bids for two desalination projects in Saudi Arabia.

The client received four proposals for the two projects, Jubail 2 and Al-Khobar 2, on 9 December and 10 December, respectively, and opened the bids for each a day later.

For the 400,000 cubic metres-a-day Jubail 2 desalination project, a consortium of Acciona and RTCC submitted the lowest bid of $373m.

(LINK).

EXCLUSIVE: Low bidders emerge for two Saudi desalination projects – Saudi Arabia2018-12-21T08:01:21+01:00
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