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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

ACWA Power to Develop $677 Mln Desalination Project in Saudi Arabia

ACWA Power Saudi Arabia SWPC Madinah Makkah Red Sea
Al-Fadley and Abunayyan during the signing. (Asharq Al-Awsat)

ACWA Power has signed water purchase agreements for the 600,000 cubic meter per day Rabigh 4 Independent Water Plant (IWP) in Saudi Arabia.

Valued at around SAR 2.54 billion ($677 million), the reverse osmosis plant will serve Makkah and Madinah regions, which typically see a spike in demand during Ramadan and the annual Hajj season.

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