Contractors nominated for Fujairah 2 prequals
The 20 companies that pre-qualified for the development of Fujairah 2 - one of the largest independent water and power projects in the UAE - have nominated their contractors for construction, reported Reuters
The 20 companies that pre-qualified for the development of Fujairah 2 - one of the largest independent water and power projects in the UAE - have nominated their contractors for construction, reported Reuters.
The Abu Dhabi Water and Electricity Authority (Adwea) is behind the US $3 billion (AED11 billion) project, the final bids for which are due on 29 March.
A developer will be short-listed by 10 May, with a final agreement expected to be signed by July.
The companies that pre-qualified in November included the UK's International Power with Japan's Marubeni, Singapore's SembCorp with Sojitz Corporation and Kyushu Electric Power Company, and Dubai-based AES Oasis with Japan's Sumitomo Corporation. Others included Belgium's Suez Energy International and Tokyo Electric Power Company.
Among the nominated contractors are Italy's Fisia Italimpianti, Siemens, GE Energy, Doosan Heavy Industries and Construction and Alstom Power.
Investments of more than $10.9 billion have been made in the water and power sector since Abu Dhabi embarked on a privatisation drive in 1998.
The Fujairah 2 project will have a capacity of 2,000mW and 590,000m3 of water per day.
Early power from the project is expected in April 2010.
Abu Dhabi currently has a capacity of more than 7,000mW and 2.2 million m3 of water per day.