Bids in for 2.4 GW CCGT plant IPP in the UAE

The Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower), 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. Out of these expressions of interest, 20 qualified to bid for the project after submitting Statements of Qualification.

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.