Rabigh Arabian Water and Electricity Co. (RAWEC) owns Rabigh Independent Water Steam Power Producer (IWSPP). This US$ 1.3 billion transaction that provides water, power and steam to Petro Rabigh Co. (a JV of Saudi Aramco and Sumitomo Chemical Corporation) which is the largest petrochemical complex in the Gulf region. The plant utilizes Heavy Fuel Oil to generate the electrical power and desalination is undertaken with Reverse Osmosis.
With heavy fuel oil as primary energy, five blocks of boiler and steam turbine generator sets, with one set as a redundant standby unit, providing 360 MW of power, 1,230 tons/hr of process steam and 134,000 m3/day of desalinated sea water using the reverse osmosis process.
Power, steam and desalinated water is sold to the off-taker, Petro Rabigh on a 25 year duration 'take or pay' agreement. The plant came into deemed operation at the end of July 2008. The facility is owned and operated by RABEC and was constructed under an EPC contract by Mitsubishi Heavy Industries.
The project complies with Saudi Arabian environmental standards and the internationally recognized Equator principles. Significant environmental impact mitigation measures include limestone based flu gas desulphurization and continuous monitoring of stack emissions.
Concession
BOOT (25 years)
Location
Rabigh City, 120km north of Jeddah
Shareholders
Petro Rabigh
Marubeni Corporation
JGC Corporation
ACWA Power
ITOCHU Corporation
Off taker
Petro Rabigh
Cities Supplied
Rabigh Petrochemical Complex
Project Cost
US$ 1.3 billions
Owner's Engineer
Mott MacDonald
EPC Contractor
Mitsubishi Heavy Industries
O&M Contractor
RAWEC
Capacity
Water: 134,000 m³/day
Power: 360 MW
Steam: 1,230 ton/hr
Technology
Water: Reverse Osmosis
Power: Steam Turbines
Fuel
Heavy Fuel Oil
Commercial Operation
01st June 2008