Ewec receives six proposals for Fujairah F3 power plant project
Project aims to generate up to 2.4 GW complementing the current power generation capacity of 17.7 GW
Emirates Water and Electricity Company (Ewec) – a subsidiary of Abu Dhabi Power Corporation (ADPower) 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 (IPP) project, which includes the equity, development, financing, construction, operations, and maintenance of a combined cycle gas turbine (CCGT) plant.
The project, which is 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 17.7GW that includes 1GW 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 (PPA) expected by January 2020.
Commenting on the proposals, chief executive officer of Ewec, Othman Al Ali, said: “This tender fits into an ambitious ongoing program that includes an ongoing invitation to bid for a 2GW solar power plant in Al Dhafra, and the project execution of a 200 MIGD reverse osmosis plant in Taweelah - both located in Abu Dhabi, and considered the largest in the world.”
Al Ali added: “These projects, all initiated this year, support our vision to invest in more efficient sources of energy that help improve the sustainability of the water and electricity sector.”