The Saline Water Conversion Corporation (SWCC) has received 37 interest for the privatization of the existing Ras Al-Khair (RAK) Integrated desalination and power plant. 

The shortlisted teams are:

• Marubeni
• ACWA Power
• Kindasa Water Services
• HaJi Abdullah Alireza & Co Ltd
• Engie
• Jera
• Marafiq
• Sojitz
• Kansai Electric Power Corporation
• Edra Power Holdings
• EDF
• Metito
• Lama Holding Company
• FAS Energy
• Alfanar
• NTPC
• China Power International Holding Ltd
• NESMA
• FCC Aquaila
• Al Bawani Water & Power
• Advanced Water Technology
• Mubadala Development Company
• Actis
• Gulf Investment Corporation
• Hassana Investment Company
• Aberdeen Standard Investments
• IPM
• Tamasuk Holding

RAK is an operating asset with 1.05 million cu.m./d of water and 2.65 GW of power capacity. It has been in operation since 2015. It uses hybrid-configuration of multi-stage flash thermal desalination and reverse osmosis membrane technology.

The privatization of RAK is supervised by the Supervisory Committee for the water sector of Saudi Arabia.