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Saudi Arabia's National Water Company awarded two long-term operation and maintenance contracts worth a combined 1.592 billion Saudi Riyals (US$425 million) for six sewage treatment plants in Makkah and Jeddah. The first contract, worth 1.2 billion riyals, went to a consortium of Veolia, Awael, and Civil Works Company for four plants in Jeddah. The second contract, worth 392 million riyals, went to a consortium of Thabat and Miahona for two plants in Makkah.
“The value of the first contract with Veolia-CWC-Awael is 1.200 billion Saudi Riyals (equivalent to some 320 million USD, at a levelized tariff of SR 0.43/m3 i.e. about USD 0.11/m3.”smartwatermagazine.com
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