Doosan Enerbility wins EPC contract for $640mn Shuaibah 3 IWP in Saudi Arabia ...United Arab Emirates

South Korea’s Doosan Enerbility has said that it has won the engineering, procurement and construction (EPC) contract for the Shuaibah 3 Independent Water Project in Saudi Arabia. The $640mn desalination project is being developed via a special purpose vehicle (Shuaibah Three Water Desalination Company), which was launched by Saudi utility developer ACWA Power and Water and Electricity Holding Company (Badeel), which is owned by Saudi Arabia’s PIF sovereign wealth fund. According to reports, the EPC contract will see Doosan Enerbility (formerly Doosan Heavy Industries & Construction) build a desalination plant capable of producing 600,000cu/m of water per day and a 60MW solar power plant. Pr

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