Saudi Water Partnership Company (SWPC) has awarded a major Build, Operate, Transfer (BOT) contract worth $2 billion to a consortium led by Alkhorayef Water and Power Technologies Co. (AWPT) for the construction of Rayis-Rabigh Independent Water Transmission Pipeline Project (IWTP).
The first of its kind in the Kingdom, the project features a transmission capacity of 500,000m3 per day, traversing an extensive 150-kilometer area, and is set to supply much-needed drinking water to the Makkah and Madinah regions.
The project features a transmission capacity of 500,000m3 per day
Construction will take 30 months, with commercial operations slated to commence by the second quarter of 2026. AWPT, holding a significant 50% stake in the consortium, is working together with key stakeholders to achieve financial closure for the project.
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