ADWEA close to naming Mirfa developerby Adam Lane on Jan 21, 2013
A report by Reuters has said that Abu Dhabi Water & Electricity Authority (ADWEA) has pre-qualified six consortiums for the tender to build the Mirfa IWPP. An announcement on the final developer is then expected by the middle of this year.
Under the deal, the chosen developer will hold a 40% stake in the new project, with ADWEA holding the majority stake.
The pre-qualified bidders are named as Marubeni, Sembcorp, GDF-Suez, Simitomo Corporation, EDF and Doosan Heavy Industries – a roll call of some of the largest international firms already involved in various projects around the region.
The plans for the Mirfa project – a 1,500 MW power plant, with 53 MIGD desalinated water output – were approved by Abu Dhabi’s Executive Council back in June of last year. The scheme is set to help meet the emirate’s rapidly increasing demand for power – rising by around 11% annually – as well as helping bolster its capacity to export energy to the other emirates of the UAE.
Final completion of the project was scheduled for the middle of 2015.