SWA achieves SAR 3.3B financial savings in 2024

02:30 PM (Mecca time) Argaam
Logo of the Saudi Water Authority, which confirmed that this growth resulted from continuous improvements in operational and capital cost efficiency, enhanced performance of production units and reduced energy consumption

Logo of the Saudi Water Authority, which confirmed that this growth resulted from continuous improvements in operational and capital cost efficiency, enhanced performance of production units and reduced energy consumption


The Saudi Water Authority (SWA) reported in 2024 its highest annual financial savings since launching its initiative to reduce desalinated water production costs.

 

By year-end, savings reached SAR 3.3 billion, bringing the cumulative five-year savings to more than SAR 10.9 billion, the authority stated.

 

SWA attributed this growth to continuous improvement in operational and capital cost efficiency, enhanced performance of production units, reduced energy consumption, and strengthened data-driven operational controls.

 

The initiative was executed in cooperation with the Expenditure & Projects Efficiency Authority (EXPRO), aiming to raise the efficiency and performance of the local water production system in the medium and long term.

 

These outcomes, according to SWA, affirm that the Saudi water sector is advancing on a highly efficient path, boasting an enhanced capacity that ensures sustained improvement in both cost and service quality. 

 

SWA’s Financial Savings in Last 5 Years (SAR bln)

Year

Savings

2020

0.92

2021

1.6

2022

2.1

2023

2.8

2024

3.3

Total

10.9

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.