TRSDC - Red Sea Tourism Project: Utilities Infrastructure

General Information
Owner The Red Sea Development Company
Masterplan Project (Parent Profile) TRSDC – Red Sea Tourism Project: Phase I – Saudi Arabia
Location Tabuk Province, Saudi Arabia
Status --
Sector Water, Desalination, Water Desalination Plant
Contract Type Build Operate Transfer (BOT)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 5
Estimated Budget Value ---
Contract Value 900
Net Value $900m
Award Date October 2021
Completion Date December 2025
Last Updated On December 2021
ProjectId (Old, New) 46535, 295885


The Red Sea Development Company (TRSDC) is planning to develop utilities infrastructure that will cater to the Red Sea Project in the Western Region of Saudi Arabia.

The US$1330 million project includes the following:

1. Construction of renewable solar and wind energy with capacity 210MW

2. Construction of 30,000 m3/d desalination capacity split into two SWRO plants one located south of the main resort (30,000 m3/d) and the other offshore on Shaybarah South Island (just 600 m3/d)

3. Construction of 110kV substation

4. Construction of 1,300 megawatt-hours (MWh) battery energy storage system (Bess)

5. Construction of 400MW solar photovoltaic (PV) power plant

6. Construction of 18,000 m3/d wastewater treatment plant

7. Construction of 30 t/d solid waste processing facility

8. Construction of district cooling plant and network

9. Construction of three pumping stations and three storage tanks, with an elevated main central storage tank

water desalination

sewage treatment

solid waste treatment

district cooling plants

communications infrastructure

10. Construction of associated facilities

Second Section

25 December 2021

The developer has achieved financial closure for the project.

13 December 2021

Site preparation works are still ongoing and construction works are expected to be started in January 2022.

25 October 2021

SEPCOIII Electric Power Construction Corp has appointed Huawei Technologies for 1,300 megawatt-hours (MWh) battery energy storage system (Bess) and 400MW solar photovoltaic (PV) power plant for 275mn and 250mn respectively. (Source: MEED)

06 September 2021

Site preparation work is ongoing on the 110kVsubstaion package and SEPCOIII Electric Power Construction Corp is working as the Main contractor on the project. (Source: MEED)

17 August 2021

The financial closure is expected by the fourth quarter of 2021. (Source: MEED)

20 June 2021

ACWA Power and Neutral Fuels has signed a MOU to set up Biofuel Refinery to supply zero Biofuel to multi utilities facilities and power plants. (Source: MEED)

17 February 2021

The construction works have commenced on the project.

01 February 2021

Financial closure is expected to be achieved before the end of the second quarter of 2021. Also, the client is in process of finalising the agreement with epc contractor. (Source: MEED)

18 January 2021

Construction works are not yet commenced on the project and Acwa Power is in negotiation with SEPCO III for EPC works. Also, final decision is not yet taken on the involvement of China Gezhouba Group Corporation Company in the development.

24 November 2020

China Gezhouba Group Corporation (CGGC), a subsidiary of China Energy Engineering Corporation has signed a contract for the the main engineering, procurement and construction works on the project. (Source: MEED)

16 November 2020

Acwa Power-led consortium has been awarded the contract to develop the project.

09 October 2020

TRSDC is expected to sign the power, water and wastewater-purchase agreements for the contract to develop the project before the end of the year and financial closure is also expected to be achieved by the end of 2020. (Source: MEED)

17 September 2020

Acwa Power-led consortium which includes China Energy Engineering Corporation has been selected as the preferred bidder for the development of the project.

02 September 2020

Two consortiums led by Acwa Power and Engie have submitted their final offers on August 30, 2020 for the development of the project. Engie led consortium includes Masdar, Saudi Tabreed and Miyahuna. Acwa Power led consortium includes China Energy Engineering Corporation Group.

19 August 2020

TRSDC has extended the deadline from 18 August, 2020 to 30 August, 2020 for the best and final offer (Bafo) for the contract to develop the project. (Source: MEED)

12 August 2020

TRSDC expects to receive the best and final offer (Bafo) for the contract to develop the project. TRSDC to receive the revised offers by 18 August due to a minor change in scope. (Source: MEED)

21 July 2020

Technical clarifications are under way on bids submitted for the contract to develop the project. (Source: MEED)

19 May 2020

A solid waste management contract is awarded to a joint venture of Averda and Saudi Naval Support Company. The contract involves collecting and recycling waste generated by administration offices, residential facilities and construction activities and sewage collection services. (Source: MEED)

12 May 2020

Two teams, a group lead by Acwa Power and another group lead by Engie have submitted their bids for the contract to develop the project. Masdar has joined Engie-led consortium, which includes local firms Saudi Tabreed and Miyahuna as other members.

03 May 2020

The bid submission for the developers has been extended to May 10, 2020. (Source: MEED)

24 March 2020

The bid submission for the developers has been extended to April 30, 2020. (Source: MEED)

25 February 2020

The bid submission for the developers has been extended to March 29, 2020. (Source: MEED)

17 January 2020

The three groups planning to bid by March 1, 2020 are led by: 1. Group of Acwa Power 2. Group of Engie 3. Group of Masdar, Saudi Electricity Company (SEC), Miahona and Saudi Tabreed (Source: MEED)

17 April 2019

The client has invited developers to prequalify for a planned project to develop utilities infrastructure at tourism development. The scheme will be developed on a public-private partnership (PPP) basis.