Multiple benefits are achieved from the development of the TSE initiative including:
• Addressing the water shortage challenges in KSA while conserving scarce water resources
• Maintaining existing infrastructure & Developing new infrastructure according to international best practices.
• Achieving environmental benefits such as net carbon reductions, while indirectly contributing to lesser capital requirements in power/water generating capacities.
To capture the TSE opportunity, NWC will initially create Business Units (BUs) , under the Business Development Department, which will potentially pave the way for SPV’s to be formed in the future with the participation of the private sector, both locally and international.
The commercial arrangements with TSE customers are accomplished directly through long-term TSE Supply Contracts for terms reaching up to 25 years. To date, NWC has been successful in signing TSE Supply Agreements with a daily volume exceeding 175,000m3/day for a minimum period of 20 years. This is a significant corroboration that the demand is there and it is anticipated that this will grow further in the future.
The estimated total available / planned supply from the 6 largest cities exceeds 4.8 million m3/day.