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Four bidders on DEWA's Hassyan 1

by Michael Palmer on Dec 14, 2011

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HE Mohammed Al Tayer - CEO and MD of DEWA.

DEWA has announced that is has received four bids for the construction of the 1,600 megawatt Hassyan 1 Power Project.

Construction and operation bids opened on Monday, with the first consortium headed by TAQA, Marubeni Corporation, SK E&S Company Ltd, and the second by GS Engineering and Construction Corporation.

The third is led by KEPCO, Samsung C&T and the International Company for Power and Water Projects, and the fourth by QEWC, QPI and Siemens Project Ventures.

18 bidders were originally invited to bid for the IPP; the selected bidder will own 49 per cent of the project, with DEWA retaining 51 per cent.

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