Project Company (RAWEC)
The Rabigh Arabian Water & Electricity Company (RAWEC), formed in 2005, is a limited liability company registered under the regulations of the Kingdom of Saudi Arabia. The company is owned by ACWA Power 80%, Oasis Power One Conventional Energy and Water Co 19% and Petro Rabigh 1%. It is a special purpose company established to build, own, and operate the Rabigh IWSPP. Its sole purpose is to provide essential utilities; electricity, steam and water to Rabigh Refining and Petrochemical Company (PRC); jointly owned by Saudi Aramco and Sumitomo Chemical.
To meet with the growing and expanding demands in tandem with the growth of PRC, RAWEC developed its plant facilities in 2 phases, with deemed PCOD commencing in June 2008 (actual PCOD May 2010) and June 2016 (actual PCOD February 2018) for Phases I & II respectively. Both phases achieved zero Lost Time Injury. The integrated facility has an installed capacity of 840 MW power, 6110 t/h steam and 12000 t/h water.
In order to have a greater focus in achieving its journey to operational excellence, and to cater to future expansions, RAWEC transformed itself and took a strategic decision to outsource O&M activities to Rabigh Power Company (RPC), owned by NOMAC, a subsidiary of ACWA Power in 2014.
In our zest to continually improve and drive towards operational excellence, we at RAWEC and RPC has set out a clear objective to sustain “OUR 5ZEROS”
- Zero Lost Time Injury
- Zero Service Interruption
- Zero Non-Compliance
- Zero Human Error
- Zero Poor Performer
Project Structure:
Our Shareholders:
ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants currently with presence in 11 countries including in the Middle East and North Africa, Southern Africa and South East Asia regions. Its portfolio, with an investment value in excess of USD 32 billion, can generate 23+ GW of power and produce 2.5 million m3/day of desalinated water to be delivered on a bulk basis to state utilities and industrial majors on long term off-take contracts under Public-Private-Partnership, Concession and Utility Services Outsourcing models.
NOMAC Founded in 2005, NOMAC, the First National Operation & Maintenance Company, provides high quality Operation & Maintenance (O&M) services for production of electricity and desalinated water worldwide. NOMAC is a wholly owned subsidiary of ACWA Power.
We have sites in more than 10 countries, operating all across the Middle East & North Africa; Republic of South Africa, Eastern Europe and Vietnam. Our prime areas of Operation are in Production of power, Water Desalination projects, regionally & globally. We are in the vanguard, leading the world in pioneering Operations & Maintenance in water and power sector.
Petro Rabigh is an integrated oil-refinery and petrochemical producer utilizing 400,000 barrels per day of crude oil and 1.2 million tons per year of ethane as primary feedstock to produce a variety of refined petroleum products and petrochemical products. The refinery transferred from Saudi Aramco to Petro Rabigh has mainly been producing 8 million tons of heavy oil, 5.3 million tons of light oil, 3 million tons of naphtha and 2.6 million tons of kerosene annually. This refinery was upgraded to include a high olefin fluid catalytic cracking unit (HOFCC) for converting heavy and light oils to gasoline and other distillates, which added new annual capacities of 2.8 million tons of gasoline and 900,000 tons of propylene, a feedstock for petrochemical products