Saudi Arabia's Water & Electricity Company (WEC) has invited expressions of interest (EoIs) for the development of an independent sewage treatment plant (ISTP) near Taif in the Makkah province, the utility provider said in a recent statement.
The new ISTP, being developed in line with Vision 2030 initiative, will have a total treatment capacity of up to 270,000 cubic metres per day on completion.
WEC will conduct a competitive process to select a developer or developer consortium for the development, financing, engineering, procurement, construction, implementation, ownership, operation, maintenance and transfer of the project, together with associated infrastructure and facilities, the statement noted.
Under a 25-year sewage treatment agreement with WEC, the project company, which will be incorporated to develop the project, will treat the entire sewage capacity supplied by the utility firm.
Additionally, WEC’s obligations under the sewage treatment agreement will be supported by a credit support agreement from the Saudi government, the statement said.
The final date for submitting the EoIs is January 27.
Mizuho Bank is acting as the lead and financial advisor; White & Case LLP is the legal advisor, while WS Atkins & Partners Overseas Engineering Consultants are the technical advisors, the statement said.
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