Abu Dhabi Water and Electricity Authority (Adwea) is moving ahead with the Emirate's fourth independent water and power project (IWPP), having shortlisted 10 developers for the Umm Al-Nar co-generation plant expansion project. Some 25 international firms had initially submitted Letters of Interest (LoI) in January.
The selected developer will acquire a 40 percent interest in the existing complex and expand it on a build-own-operate (BOO) basis. The remaining equity will be held by Adwea. The development includes installing an additional 1,000 megawatts generating capacity and extensive decommissioning of existing facilities. The project is expected to become fully operational by mid-2006.
The shortlisted firms include two consortia—Belgium's Tractabel with Italy's Enel Power, and the British International Power with Japan's Mitsui and Tokyo Electric Power Company (Tepco)—and individual companies: France's TotalFinaElf, Electricity de France, Korea Electric Power Comapny (Kepco), the American AES, Japan's Marubeni Corporation and two German companies, RWE and Steag. Submission of final bidding proposals is due September 22, 2002, reported Gulf News.
The Umm Al-Nar Power Company (UANPC) is an electricity generation and water desalination complex located some 10 kilometers northeast of Abu Dhabi City. UANPC employs a staff of 799 and has the installed capacity of 1,200 megawatts of electricity and 100 million gallons of desalinated water per day (mgpd). Currently UANPC is in the process of expanding its desalination capacity for an additional 62.5 mgpd. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
