The contract aims at rehabilitation, operation, and maintenance of three STPs in Riyadh (Manfouha STPs complex) with a total treatment capacity of 700,000 m3/day.
WD News: The National Water Company (NWC) has awarded a Long-Term Operation and Maintenance (LTOM) contract for rehabilitation, operation and maintenance of sewage treatment plants (STPs) in Manfouha, Riyadh, to Alkhorayef Water and Power Technologies Company (AWPT).
The contract spans 15 years and is worth more than SAR1.6 billion. The project is meant to contribute to the objectives of the National Water Strategy aimed at achieving environmental sustainability, increasing investments in water sector, and opening up partnership opportunities for private sector.
Commenting on this, the CEO of NWC said “the value of the contract signed with AWPT is more than SAR 1.6 billion (some USD 433 million), with a levelised tariff of SAR 0.41/m3, i.e. about USD 0.11/m3”.
As part of contract, AWPT will invest over SAR 550 million in rehabilitation works, which will improve operational performance and environmental compliance.
Source & image courtesy: NWC
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