Marubeni submits bid for Tanajib Cogeneration And Desalination Project

Marubeni Corporation has submitted its bid for the planned Tanajib Cogeneration and Desalination Project in the Eastern Province of Saudi Arabia. 

The project consists of the Marjan cogeneration ISPP that will have a power capacity of up to 900 MW and a steam capacity of 1,152 – 3,054-kilo pounds per hour.  This cogeneration facility will be built alongside the Tanajib desalination project that is planned to have a capacity of 24,000 cubic meters of fresh water per day.  This will be expandable to 34,000 cubic meters of freshwater per day by 2030.  

Marubeni was one of four teams who submitted bids for the project, with the financial close for the winning bidder scheduled for February 2020. Operis provided a formal model audit as part of the bid submission, including a review of the tax and accounting advice to the model.