Al Dur-2 SWRO component (IWPP bundle)
Al Dur-2 SWRO component (IWPP bundle) - a Seawater Reverse Osmosis Independent Water Project in Bahrain. Capacity 227k m³/d. Winning consortium: ACWA Power + Mitsui + Al Moayyed + Siemens + SEPCO III + Sidem. Water tariff: USD $0.700/m³. Status: Operational.
- Country
- Bahrain
- Procurer
- EWA
- City / region
- Al Dur
- Capacity
- 227k m³/d
- Status
- Operational
- Water tariff
- USD $0.700/m³
Winning consortium
ACWA Power + Mitsui + Al Moayyed + Siemens + SEPCO III + Sidem - equity: ACWA 60% / Mitsui 40%
Procurement timeline
- RFP: 2018
- Bid submission: 2018
- Preferred bidder: 2018
- Commercial close: 2019
- Financial close: 2019
- PCOD: Jun 2022
Prequalified bidders
2 PQ
- ACWA + Mitsui
- Sumitomo-led
Runner-up bidders & tariffs
- Sumitomo-led - Water BHD 0.3768/m³ (~USD 1.00)
Financing
- Capex: USD 1.5 bn (bundled IWPP)
- Debt: USD 580 M senior (refi 2023)
- Lenders: Refi 2023: SMBC, MUFG, StanChart, FAB, JBIC, NEXI
- Tenor: Long-dated; refi 2023
Technical scope
Process: SWRO (50 MIGD) + 1500 MW CCGT
CAVEAT: IWPP bundle, NOT standalone SWRO IWP. Bahrain has not procured pure SWRO IWP
Notes
Bundled IWPP, not pure SWRO.
EPC contractor: Siemens (power) + SEPCO III + Sidem (water)
Sources
Open the full SWRO IWP benchmark →Part of the GulfInfra · GCC Infrastructure Library - a free open-source benchmark of 136 public-private partnership procurements across the GCC. Methodology: how we build this.