Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
EWEC receives six proposals for Fujairah F3 power plant project
 

Continuing the rapid transformation of its energy mix, improving efficiency and driving sustainability 


16 October 2019, Abu Dhabi, UAE:  Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower) and a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, has received six proposals for its “Fujairah F3” Independent Power Producer (IPP) project. 


The Fujairah F3 project includes development, financing, construction, operations, maintenance and equity in a Combined Cycle Gas Turbine (CCGT) plant, which will have a power capacity of up to 2.4 GW. The project will be constructed in the Emirate of Fujairah on a site between the existing Fujairah F1 and Fujairah F2 power and water plants. The plant is the thirteenth project to be developed under the Independent Producer structure and is part of efforts to improve efficiency and drive sustainability while catering for the growth in demand across the UAE. This will complement the current power generation capacity of 17.8 GW which includes 1.3 GW of solar.


EWEC received more than 30 expressions of interest from potential bidders for the F3 project earlier this year, a testament of the trust that international investors have in Abu Dhabi. Out of these expressions of interest, 20 qualified to bid for the project after submitting Statements of Qualification.
The bid opening was attended by a number of ADPower senior executives, EWEC’s leadership team, and key representatives from across the power and water sector.


Othman Al Ali, Chief Executive Officer of EWEC, said: “I am delighted to see so many competitive bids which will significantly contribute to a more efficient power generation mix. This tender fits into an ambitious ongoing program that includes an ongoing invitation to bid for a 2 GW 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. 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.”
EWEC’s team will now start the detailed technical and commercial evaluation process to select the best proposal. The awarding announcement and the execution of the Power Purchase Agreement (PPA) is expected to take place by January 2020.

 


Posted by : Dubai PR Network Editorial Team
Viewed 8412 times
PR Category : Energy and Industry
Posted on : Thursday, October 17, 2019  11:11:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : EWEC and ACWA Power Announce the Financial Closing of the Wo...
Next Story : ENEC and Rosatom continue cooperation in the peaceful use of...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
La Panthère Perfume [6712-Views]
Tonda Reine de Mai for Elegant Lady [6593-Views]
Hublot Celebrates Oman's Jubilee [5949-Views]
Enhance your Mood with Rasasi Perfumes [5773-Views]
Balqees Fathi Launches BEX Beauty [5096-Views]
Buyers Can Seal Deals with Contacts Around the World at WTM Virtual [4572-Views]
SunKiss Ups the Skin Protection Game with Launch of Sustainable, Luxurious Suncare Proudly... [4481-Views]
[SUR]Naturel – Fine Jewellery [4330-Views]
Stress-Free Tresses While on Holiday with HASK's New Travel-Size Products [4129-Views]
Saudi Woman Draws the World's Largest Coffee Painting Using Expired Granules [3817-Views]
Dabur Herb'l Launches Olive Based Anti-oxidant Rich, Anti-bacterial Herbal Toothpaste That... [3407-Views]
5G Holds the Key to Saudi Arabia's Digital Future [3157-Views]
The Ultimate Natural Hydration Skincare Line is Here! – the Face Shop Yehwadam Artemisia! [3153-Views]
Tonda Reine De Mai for Elegant Lady* [2562-Views]
Gillette® Middle East Launches Its First of Its Kind Heated Razor [2509-Views]
Malabar Gold & Diamonds Launches ‘The Elegance Collection' – Dazzling Diamond Jewellery Cu... [2440-Views]
Mars GCC and Notions Group Have Proudly Embarked on a New Venture Together. [2435-Views]
Children Envision Their Future in Pandora's World Children's Day Short Film [2419-Views]
True Square Open Heart Close to your Heart [2333-Views]
UK Fintech Major Paymentology Enters the Middle East's $200 Billion Digital Payments Marke... [2325-Views]
Samsung Electronics Becomes Top Five in Interbrand's Best Global Brands 2020 [2300-Views]
Ghaya Grand Hotel Launches Taste of the World Eat-all-you-can Dinner for Only AED99! [2271-Views]
Pocari Sweat is the Official Hydration Partners for KKR [2144-Views]
Carrefour to Reward Most Loyal Customers with 250,000 in SHARE Points [2079-Views]
Jebel Ali Customs Center Makes 103 Seizures and 104,700 Inspection Operations in 8 Months [2021-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories