State desalination provider Saline Water Conversion Corporation (SWCC) is planning to issue the tender for a major independent water and power project (IWPP) by the end of 2017.
According to sources close to the programme, advisers are currently working on the structure of the proposed Jubail 3 IWPP, which is planned to have a power generation capacity of about 3,000MW and a desalination capacity of 1.2 million cubic metres a day (cm/d), and the client is planning to conduct the prequalification process and issue request for proposals (RFPs) for the project before the end of the year.
The project is one of eight planned IWPs or independent water & power projects (IWPPs) planned to be developed in the kingdom up to 2025.
In early March, MEED reported that SWCC appointed advisers for the planned 600,000 cm/d Rabigh 3 IWP. In May, the water company appointed advisers for two more planned IWPs: the planned 450,000 cubic metres a day (cm/d) Yanbu IWP and the 380,000 cm/d Shuqaiq IWP.
SWCC is increasing the role of private investment in the desalination sector as part of the kingdoms Vision 2030. It is also preparing to privatise existing assets. SWCC forecasts it needs to increase the current desalination capacity of 5.1 million cm/d to 7.3 million cm/d by 2020 to meet growing demand.