ACWA powers ahead in Saudi IWPPs
- From: Vol 7, Issue 10 (October 2006)
- Category: General
- Region: Middle East
- Country: Saudi Arabia
- Related Companies: ACWA Power, Gulf Investment Corporation, Mitsubishi and Suez
Consortia supported by ACWA Power Projects look set to sign contracts for the Marafiq power and water plant at Jubail and the Water and Electricity Company’s project at Shuqaiq. What is the secret of its success?
ACWA Power Projects has moved forward on two major power and water projects in Saudi Arabia, continuing its clean sweep of the recent deals in the Kingdom. Marafiq has granted its consortium (which includes Suez Energy International and Gulf Investment Corporation) exclusivity to negotiate the 800,000m3/d and 2,500MW Jubail independent power and water project. This follows ...
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