Saudis move ahead with water and power plans
- From: Vol 3, Issue 7 (July 2002)
- Category: General
- Region: Middle East
- Country: Saudi Arabia
- Related Companies: Exxon, Gulf International Bank, Royal Bank of Scotland and Shell
Saudi Arabia’s Supreme Economic Council has approved government guidelines for private sector participation in large desalination plants. The Saline Water Conversion Corporation (SWCC) and Saudi Electricity Company (SEC) have agreed to request bids jointly and a new government company – jointly owned by both – will be the off-taker for both power and water.
The guidelines – approved by the Council last month – state that privately financed desalination plants will only be built in conjunction with power plants in order to ensure the best use of land and resources. No desalination will be done alone, ruling out the chance of a project like Abu Dhabi’s Taweelah reverse osmosis plant.
A number of joint schemes ...
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