Saudi Water Partnership Company S.M.L.L.C (“SWPC”) has issued the Request for Proposal (“RFP”) to the pre-qualified Bidders for development of Rayis Rabigh Independent Water Transmission Pipeline (“IWTP”) project, with a transmission capacity of 500,000 cubic meters per day, and length of approximately 150 km.
The Project is part of SWPC’s Batch 1 IWTP program and is the second IWTP RFP to be released by SWPC. Through the RFP process, SWPC intends to select a developer to develop the Project on a Build, Own, Operate and Transfer (BOOT) basis. The project company developing the Project will provide the entire transmission capacity to SWPC under a Water Transmission Agreement.
Synergy is the Lead and Financial Advisor for the Project with Fichtner as the Technical Advisor and Amer Al Amr Law Firm as the Legal Adviser.