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 4118 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
Aigner Aprilia [8754-Views]
Top Toners to Up Your Skincare Game [6637-Views]
'Tis the Season to Gift and Glow' With Foreo Holiday Gift Sets [6448-Views]
Stay Refreshed this Festive Season & Give the Gift of Self Care with Kocostar's Fabulous F... [6332-Views]
Raise Eyebrows with Flormar's New Range [6204-Views]
Nourish your hair with Vierro's Styling Cream range [5844-Views]
Matte Made in Heaven [5642-Views]
Shop the New Frozen 2 Collection at Max Fashion! [5154-Views]
Steve Madden set to arrive in Dubai to kick off brand's 30th Anniversary Celebration [4776-Views]
Skincare Through The Ages: The 20-Something's Skincare Guide [4752-Views]
Foreo Expects a Record Sale for Black Friday [4581-Views]
Look after your body & enjoy nourished skin from Local, Homegrown Company, The Simplicity ... [4270-Views]
Dubai Fitness Challenge Continues to Inspire the City [4148-Views]
Adventurous Sailor François Gabart begins the 2019 Brest Atlantiques race [3892-Views]
The Eberhard & Co. “Sistema Magini” Chronograph Sells at Auction for 156,000 Euros [3837-Views]
Time for tennis - Ugo Humbert joins Rado YoungStars [3630-Views]
Dubai Pink Ride Attracts More than 4500 Participants [3605-Views]
The Official 48th UAE National Day Celebration is a Symbol of UAE Heritage and Internation... [3514-Views]
Dine With Your Favourite Plus Ones at IKEA [3483-Views]
Explore Hello Kitty Mania as Candylicious Turns 10 [3416-Views]
The ITC and SOFRECOM partnership to deploy fiber network in the Kingdom of Saudi Arabia: M... [3312-Views]
Jafza – First Free Zone to Roll Out Workforce Protection Programme [3306-Views]
PCFC discusses wider horizons for trade and logistic services with Dubai business groups [3288-Views]
Al-Futtaim Malls Wins Big at RECON MENA [3209-Views]
Saxo Banks Marks a Decade in the Middle East [3190-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories