Jubail-3A IWP - a Seawater Reverse Osmosis Independent Water Project in Saudi Arabia. Capacity 600k m³/d. Winning consortium: ACWA Power + Acciona Agua + RAWAFID. Water tariff: USD $0.413/m³. Status: Operational.
Country
Saudi Arabia
Procurer
SWPC
City / region
Jubail (Eastern)
Capacity
600k m³/d
Status
Operational
Water tariff
USD $0.413/m³
Winning consortium
ACWA Power + Acciona Agua + RAWAFID - equity: ACWA lead; Acciona+RAWAFID minority
Procurement timeline
RFP: Q3 2019
Bid submission: Mar 2020
Preferred bidder: Apr 2020
Commercial close: Sep 2020
Financial close: Sep 2020
PCOD: 2022 (slipped to 2023)
Prequalified bidders
4 PQ
ACWA+Acciona+RAWAFID
Marubeni+Marafiq
Aqualia+HAACO+Alfanar
UTICO
Runner-up bidders & tariffs
Marubeni+Marafiq - USD $0.426/m³
Financing
Capex: USD 650 M
Debt: USD 480 M senior est
Lenders: StanChart, MUFG, NCB, SABB, KEXIM
Tenor: ~25-yr soft mini-perm
Technical scope
Process: SWRO + energy recovery
600 MLD; captive solar PV option for grid load reduction