ACWA Power is offering the most competitive price by $0.01 out of five bidding consortia for Rabigh 3 independent power and water project.
The off-taker, Saudi Arabia’s Water and Electricity Company (WEC), revealed that ACWA Power quoted a levelled cost of SAR 1.992 ($0.53) per cube of product water.
The full list of prices bid is as follows:
|
ACWA Power |
SAR 1.992 |
($0.53) |
|
Marubeni |
SAR 2.021 |
($0.54) |
|
Veolia |
SAR 2.117 |
($0.56) |
|
Valoriza |
SAR 2.288 |
($0.61) |
|
FCC Aqualia |
SAR 2.616 |
($0.70) |
The project is to develop, finance, procure, implement, operate, and maintain a 600,000 m3/d desalination facility in Rabigh, north of Jeddah, with potential to double capacity to 1.2 million m3/d. The contract is over 25 years.
Saudi Arabia names nine consortia as pre-quals for Rabigh 3 mega project (January 2018)
Saudi’s WEC seeks developers for Rabigh 3 IWP mega plant (August 2017)