Advisory bids due for Mirfa IWPP

12 July 2002

Plans for Abu Dhabi's fifth independent water and power project (IWPP) are moving ahead, with bids for the advisory positions due to be submitted by banks, consultants and lawyers on 15 July. The project will involve the acquisition and expansion of the existing 186-MW, 39 million-gallon-a-day (g/d) plant in the western region.

Abu Dhabi Water & Electricity Authority (ADWEA) is expected to issue the developer request for proposals on Mirfa in late 2002, once a developer has been selected for its fourth IWPP, Umm al-Nar. A two-phase expansion of Mirfa is planned, which will see total installed capacity at the site rise to 1,500 MW and 100 million g/d.

The Mirfa plant was built in the early 1990s by Italy's Ansaldo Energia. Following the unbundling of assets owned by the former Water & Electricity Department (WED) in 1998, it has been owned and operated by ADWEA subsidiary, Al-Mirfa Power Company (MEED 13:8:92).

On the Umm al-Nar IWPP, ADWEA is preparing to receive proposals from international developers in late September. Eight companies and groups are prequalified for the project, which involves the successful bidder taking a 40 per cent stake in a new project company. The latter will purchase 70 million g/d of recently installed capacity at the site, and install 1,500 MW and up to 25 million g/d of new capacity (MEED 28:6:02).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications