SWPC is pleased to announce the Preferred and Reserve bidders and their Levelized Water Transmission Costs for Riyadh – Qassim IWTP:
Shortlisted Bidders:
| Consortium | |
| Preferred Bidder | Vision International Investment Company. |
| Reserve Bidder | Lamar Holding, Etihad Water and Electricity Company, and Shaanxi Construction Engineering Group Corporation Limited. |
Results of the received Bids:
| Consortium | Levelized Cost (in SAR/m3) |
| Vision International Investment Company. | 2,627 |
| Lamar Holding, Etihad Water and Electricity Company, and Shaanxi Construction Engineering Group Corporation Limited. | 3,262 |
| Al Jomaih Energy and Water Co. Ltd, Alkhorayef Water and Power Technologies, Al Bawani Capital Company, and Buhur for Investment Company | 3,324 |
Riyadh – Qassim IWTP is a strategic boost to the water infrastructure in Riyadh and Al-Qassim that will cater to the drinking water needs in both regions. The pipeline will have a transmission capacity of 685,000 m3/day and a length of 859 km, featuring the bi-directional flow in line with the Ministry of Environment, Water and Agriculture’s plans to interconnect regions across the Kingdom and ensure reliable and sustainable water supply. The project also includes 6 strategic storage tanks in Riyadh with a total capacity of 1,020,000 cubic meters, in addition to 32 operational tanks along the pipeline route with a total capacity of 571,000 cubic meters. The project will integrate solar power solutions to reduce carbon emissions while relying on the grid.
The project will be developed under a Build, Own, Operate, and Transfer (BOOT) model for 35 years from the commercial operation, which is expected to commence in the first quarter of 2030.