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Emirates Water and Electricity Receives 6 Proposals for Fujairah F3 power plant project

Power News - Published on Fri, 18 Oct 2019

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Emirates Water and Electricity Company a subsidiary of Abu Dhabi Power Corporation that coordinates the planning, purchasing, and supply of water and electricity across the UAE announced that it has received six proposals for its Fujairah F3 independent power plant project, which includes the equity, development, financing, construction, operations, and maintenance of a combined cycle gas turbine plant. The project, which is the marks the company's thirteenth to be developed under the IPP model, will be constructed between the existing Fujairah F1 and Fujairah F2 power and water plants. Additionlly, the project aims to generate up to 2.4GW, complementing the power generation capacity of 17.8GW that includes 1.3GW of solar power.

The company received more than 30 expressions of interest from potential bidders for the F3 project, out of which 20 qualified to bid for the project after submitting statements of qualification.

Ewec’s team will now start a detailed technical and commercial evaluation process to select the best proposal, with the awarding announcement, and the implementation of the power purchase agreement expected by January 2020.

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Posted By : Rabi Wangkhem on Fri, 18 Oct 2019
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