EXCLUSIVE: UAE utility prepares to tender coal-fired power plant

Coal-fired power plant

The Federal Electricity & Water Authority (Fewa), the utility provider for the UAE’s northern emirates, is preparing to issue a request for proposals (RFP) for its planned 1.8GW coal-fired power plant by the end of October.

According to sources close to the project, Fewa has received expressions of interest (EoIs) with prequalification (PQ) for the scheme, and is preparing to issue the tender documents imminently. MEED reported earlier in October that seven potential bidders had been issued EoI documents by the utility.

The advisory team for the project is led by the UK’s Deloitte (financial adviser), with the local office of Austria’s ILF Consulting Engineers as technical consultant and the UK’s Trowers & Hamlins as legal adviser.

MEED reported in May that Fewa had selected a site in Ras al-Khaimah for the facility, which will be developed using an independent power project (IPP) model. The site is reportedly located within Ras al-Khaimah Maritime City.

The IPP will be the second major coal-fired power plant in the UAE, with the GCC’s first coal power plant under execution in Dubai.

In November 2016, a consortium led by Saudi Arabia’s Acwa Power and China’s Harbin Electric started construction work on the 2,400MW Hassyan coal-fired power plant in Dubai.

Related Posts
UAE mid-market firms must plan for inflation
Middle market companies in the UAE must prepare for a higher interest rate environment in 2022 and 2023, says latest briefing from Mashreq Bank   Businesses in the UAE must prepare ...
READ MORE
Egypt rail projects require sustained political will
Historical indecision does not automatically inspire optimism among rail contractors The plan to build, finance and maintain two urban monorail systems and a high-speed railway network in Egypt has moved rapidly between January, when consultants ...
READ MORE
Healthcare demand spurs opportunities in Egypt
Changing regulations, rising population levels and demand for universal access to quality healthcare is creating an attractive environment for investment in Egyptian healthcare   On 12 January, a live webinar hosted by ...
READ MORE
Mashreq’s Quarterly Financial update
16-Jul-2017 Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the first half ending 30th June 2017.
READ MORE
CONSTRUCTION CLUB 6: Emerging regulations impact contracting finance
Highlights from the sixth Mashreq Construction Club Financial regulations impact not just the banking sector, but all industries that require capital support. The GCC is home to a significant construction sector ...
READ MORE
Putting the S and G back into ESG
An emphasis on sustainability threatens to overshadow efforts to implement proper social and governance frameworks Key takeaways: Growing diversity of workforce and global scrutiny from investors demands greater focus on social ...
READ MORE
Construction costs are expected to rise in 2019
Costs in Riyadh will increase the most with gains of 5 per cent Construction costs in the Middle East are expected to increase during 2019, according to a report by UK-based ...
READ MORE
Coronavirus executive briefing (31 May)
Understand the Covid-19 outbreak, its impact on the global and regional economy, and initial implications for specific sectors Click here to download the full document
READ MORE
The road ahead for UAE manufacturing
The UAE is striving for industrial competitiveness in line with national ambitions and strategic initiatives Manufacturing is a strategically important sector for the UAE. As well as creating jobs and driving ...
READ MORE
MEED Mashreq Energy Partnership  – Annual roundup 2018/2019
The MEED-Mashreq Energy Partnership was initiated in May 2018 to examine the opportunities and challenges expected to be created by future energy trends across the Middle East and North Africa ...
READ MORE
UAE mid-market firms must plan for inflation
Egypt rail projects require sustained political will
Healthcare demand spurs opportunities in Egypt
Mashreq’s Quarterly Financial update
CONSTRUCTION CLUB 6: Emerging regulations impact contracting finance
Putting the S and G back into ESG
Construction costs are expected to rise in 2019
Coronavirus executive briefing (31 May)
The road ahead for UAE manufacturing
MEED Mashreq Energy Partnership – Annual roundup
02 November, 2017 | .By ANDREW ROSCOE