SWPC issued RFP for 300km Ras Mohaisen-Baha-Makkah IWTP Project
8 August 2022
Saudi Water Partnership Company (SWPC) announced that the RFP for Ras Mohaisen – Baha – Makkah Independent Water Transmission Pipeline Project (IWTP) has been issued to Qalified Bidders.
SWPC earlier announced that 19 Bidders Pre Qualified to bid the Project.
The project involves the construction of water transmission pipeline of capacity of 185,000 cubic meters per day, and lengths of 300 km.
As per the earlier notification, SWPC announces that it will conduct a competitive process to select a developer or developer consortium to develop the Project on a Build, Own, Operate and Transfer (BOOT) basis.
The project company developing the Project will provide the entire transmission capacity to SWPC under a Water Transmission Agreement (WTA).
The term of the WTA is expected to be up to 35 years.
SWPC’s obligations under the WTA will be supported by a credit support agreement entered into by the Ministry of Finance on behalf of the Government of the Kingdom of Saudi Arabia.
SWPC advised by Synergy Consulting IFA Inc. (as Lead and Financial Adviser), Amer Al Amr Law Firm (as Legal Adviser) and Fichtner GmbH & Co. KG (as Technical Adviser).
The PCOD of the Project is expected in Q2 2026.
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