ACWA Power lowest bidder for Abu Dhabi’s desalination plant: report

30/10/2018 Argaam

 

Riyadh-based ACWA Power emerged as the lowest bidder for Abu Dhabi’s Taweelah reverse osmosis desalination plant, MEED reported on Monday.

 

It was followed by a consortium led by France’s Engie and Japanese Marubeni Corp.

 

Other shortlisted bids for the desalination plant included Japan’s Sumitomo Corp, Malaysian Malakoff International, Veolia, Spain’s Valoriza, the UAE-based Utico, France’s Suez, and Sojitz Corporation.

 

The selected developer/consortium will own up to 40 percent of a special purpose vehicle (SPV) with the rest held directly or indirectly by the Department of Energy (DoE) in Abu Dhabi.

 

Construction is scheduled for 2020-21 and commercial operations are due to start in 2022.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.