State utility Dubai Electricity & Water Authority (Dewa) has invited firms to submit proposals for the advisory role on the planned third phase of its Hassyan clean-coal development.

Consultancy firms have been invited to submit proposals by 24 January for the advisory role on the coal project, which is expected to have a capacity of 1,200MW. When completed, the Hassyan coal project is scheduled to have a total capacity of 3,600MW, with 2,400MW currently under construction.

In June 2016, a consortium led by Saudi Arabia’s Acwa Power and China’s Harbin International was awarded the contract to develop a 2,400MW clean coal-fired plant at the Hassyan site. Financial close for the $3.4bn project was reached in September 2017.

The shareholders in the project company for the first 2,400MW are:

• Dewa (51 per cent)
• Acwa Power (27 per cent)
• Harbin International (14.6 per cent)
• Silk Road Fund (Chinese sovereign wealth fund) (7.4 per cent)