Saudi Arabia has awarded a $414mn design, build and operate contract for a key desalination plant that will significantly boost the Kingdom’s water production capacity.
The contract was awarded by the Saline Water Conversion Corporation (SWCC) to South Africa headquartered GrahamTek.
GrahamTek already operates a number of water treatment plants inside Saudi Arabia.
“SWCC controls about 40% of the desalination plants in the world and owns and operates 27 such plants in Saudi Arabia‚ producing in excess of 6 billion litres of desalinated water for the country each day‚” said GrahamTek CEO Julius Steyn.
“Saudi Arabia is investing ahead of the future demand caused by population growth‚ replacement of ageing infrastructure as well as an increase in urbanisation. The prolonged low oil prices compelled Saudi Arabia to consider the latest technologies that would provide desalinated water at the most cost-effective prices.”
Steyn said the contract would take 18 months‚ and would be the sixth plant the company had built in Saudi Arabia, reported Times Live.
Through its Energy Partners sustainable energy subsidiary‚ PSG Group acquired a controlling interest in GrahamTek last year.
Steyn said the deal coincided with consultation and optimisation work GrahamTek was doing on the world’s four largest desalination plants.