Purple Sea evaluates last utilities bids

Two groups submitted their finest and last provide (Bafo) for the multi-utilities contract on 30 August

The Purple Sea Improvement Firm (TRSDC) is evaluating the ultimate proposals it acquired on 30 August for the contract to develop the utility infrastructure that can cater to the Purple Sea Undertaking within the Western Area of Saudi Arabia.

TRSDC acquired the Bafo from two bidders, following a minor change in scope.

Two groups submitted bids for the contract in Might. One group is led by Saudi Arabia-based utility developer Acwa Energy and the opposite by France’s Engie.

A 3rd group, which initially comprised the UAE’s Masdar and native Saudi Electrical energy Firm (SEC), didn’t bid.

As a substitute, Masdar joined the Engie-led consortium, which additionally consists of native firms Saudi Tabreed and Miyahuna.

In accordance with a supply with information of the bidding course of, TRSDC is anticipated to award the multi-utilities infrastructure contract earlier than the tip of the 12 months.

Undertaking scope

The scheme, which might be developed on a public-private partnership (PPP) foundation, covers energy technology, desalination, wastewater therapy and district cooling.

TRSDC mentioned it expects peak energy and water demand to achieve 210MW and 30,000 cubic metres a day (cm/d) respectively within the first part of the venture. It will additional improve to 360MW and 50,000 cm/d when the venture reaches its second part.

The Purple Sea Undertaking will welcome its first friends by the tip of 2022. The primary part of the event will embody 14 luxurious resorts, providing 3,000 rooms throughout 5 islands and two inland places. It would additionally embody leisure services, an airport and the required supporting logistics and utility infrastructure.

Different gigaprojects

Two different Saudi gigaprojects launched by Saudi Arabia’s Public Funding Fund (PIF) plan to develop multi-utilities packages based mostly on the PPP mannequin.

Two teams led by Acwa Energy and Alfanar, one other Saudi-based utility developer, submitted a bid on 30 June for the contract to develop a number of utilities, catering to Saudi Arabia’s 334 square-kilometre Qiddiya leisure metropolis growth. The package deal consists of energy technology, water desalination, sewage therapy and water transmission networks.

MEED understands that luxurious tourism venture Amaala on Saudi Arabia’s northwestern coast expects to tender a multi-utilities contract for the event inside the 12 months.

This text is printed by MEED, the world’s main supply of enterprise intelligence concerning the Center East. MEED offers unique information, information and evaluation on the Center East on daily basis. For entry to MEED’s Center East enterprise intelligence, subscribe here

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