Jubail-Buraydah water pipeline project names top bidders: Saudi Water Partnership (SWPC) — a fully-owned subsidiary of the Finance Ministry — named a consortium of Al JomaihEnergy & Water, Nesma and Buhur for Investment as its preferred bidder for the Jubail-Buraydah Independent Water Transmission Pipeline (IWTP) project, granting them a Levelised Water Transmission Cost (LWTC) of about SAR 3.6 per cubic meter, according to a press release.

Plan B: The company also tapped Vision International Investment and Abu Dhabi NationalEnergy Company (Taqa) — a Saudi-UAE consortium — as the reserved bidder with a less competitive LWTC of a little over SAR 5 per cubic meter.

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Project profile: The water project was awarded under a Build, Own, Operate and Transfer (BOOT) model, spanning a period of 35 years. It is set to connect the Eastern and Qassim regions via a 587-km pipeline with a daily capacity of 650k cubic meters. Commercial operation is slated for 1Q 2029.

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