| Element List | Explanation |
|---|---|
| Introduction | Acwa announces signing of the Water Purchase Agreement (WPA) for the Hassyan Sea Water Reverse Osmosis (SWRO) Independent Water Project located in the Hassyan Complex in Dubai, United Arab Emirates, with a daily production capacity of ~272,000 cubic meters of desalinated water Acwa’s share of the project will be 40% |
| Date of Announcement of the Award | 2026-10-28 Corresponding to 1448-05-17 |
| Contract Subject Matter | Water Purchase Agreement for the Hassyan Sea Water Reverse Osmosis Independent Water Project with a daily production capacity of ~272,000 cubic meters of desalinated water |
| The Entity with Which the Contract was Signed | Dubai Electricity and Water Authority |
| Date of Signing the Contract | 2026-10-28 Corresponding to 1448-05-17 |
| Contract Value | USD 478 Mn (equivalent to SAR 1,794 Mn) |
| Contract Details | Develop, finance, construct, and operate the plant |
| Contract Duration | 30 years |
| Financial Impact and the Relevant Period | The financial impact is expected starting from 2030 after successful completion of the project |
| Related Parties | None |
