Abu Dhabi plans to invite firms in March to submit proposals…
Submitted by Editorial Team on February 8, 2010 – 1:23 pmNo Comment
Abu Dhabi plans to invite firms in March to submit proposals to build a 1.6gw power plant, the Shuweihat 3 independent power project (IPP), according to ‘Abd Allah al-Nuaimi, Director of Privatisation at the Abu Dhabi Water & Electricity Authority (ADWEA). In a 7 February interview with Reuters, Mr Nuaimi said: “We have started the process of prequalification and we are targeting sending the request for proposals early next month. We expect to finalise selection of the developer by November this year, with financial close by April 2011 and commissioning in summer 2013.”
