EXCLUSIVE: Acwa Power made preferred bidder for UAE IWP

13 June 2018
Saudi developer submitted lowest tariff price for desalination project in February

The UAE’s Federal Electricity & Water Authority (Fewa) has selected Saudi Arabia’s Acwa Power as the preferred bidder for the planned Umm al-Quwain independent water project (IWP).

MEED reported in May that Acwa Power was the frontrunner and according to sources close to the project the Saudi developer has now formally been chosen as the preferred bidder.

The consortium of Acwa Power and the local Tecton submitted the lowest tariff price for the planned IWP on 28 February.

The Acwa Power-led consortium submitted a tariff price of $c91.58 per cubic metre ($c/cm), 12 per cent lower than the 102.75$c/cm tariff offered by the second-lowest bidder, a consortium of Saudi Arabia’s Abdul Lateef Jameel and Belgium’s Besix.

Fewa, the utility provider for the Northern Emirates, opened the commercial submissions from the two remaining bidders on 28 February. MEED reported that the utility received proposals from three bidders on 13 February for the 45 million imperial gallons a day (MIGD) IWP, but had subsequently discounted one of them.

In June last year, Fewa announced it had signed a memorandum of understanding (MoU) with the Umm al-Quwain executive council for the land leasing agreement for the plant and that the environmental impact assessment (EIA) had started. 

Austria’s ILF Consulting Engineers was awarded the consultancy services deal for the IWP in January 2017.

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