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| Background |
Abu Dhabi Water and Electricity AuthorityAbu Dhabi Water and Electricity Authority (ADWEAADWEA) plans to construct Fujirah 2 IWPP, its seventh IWPP.
The purpose of the project is to meet the power demand in the northern emirates.
The greenfield Fujairah 2 project will produce 2,000 MW of power and 130 million g/d of desalinated water.
The plant's entire power and water output will be sold to Abu Dhabi Water and Electricity CompanyAbu Dhabi Water and Electricity Company under a 20-year power and water purchase agreement (PWPA).
The plant will be operated by Fujairah F2 O&M Company Limited, a 50:50 joint venture between International PowerInternational Power and Marubeni. Veolia WaterVeolia Water has been selected as O&M contractor for the reverse osmosis desalination plant.
Fichtner Consulting Engineers is the technical adviser. |
| Latest Events |
In mid January 2011, the project was completed. Completion was previously expected in April 2010 and December 2010. |
| Previous Events |
In April 2010, the first unit group (1,176 MW and 97 million g/d) was completed and undergoing commissioning test.
In August 2007, the BOO contract was awarded to the consortium of Marubeni CorporationMarubeni Corporation and International PowerInternational Power and the EPC contract was awarded to AlstomAlstom. The consortium also signed a 20-year power and water purchase agreement with ADWEAADWEA.
In April 2007, bidders submitted their proposals for the BOO contract. ADWEAADWEA declared the developer group of International PowerInternational Power and Marubeni CorporationMarubeni Corporation as the first ranked bidder.
In November 2006, the RFP for the BOO contract was issued. |
| Scope of Work |
Construction of a greenfield power and desalination plant.
Supply and installation of five high efficiency AlstomAlstom GT26 gas turbines in combined cycle mode.
Supply and installation of twelve SIDEM 8.3 MIGD multi effect distillation desalination units, together with a 30 MIGD reverse osmosis desalination plant. |
| Financing Source |
HSBCHSBC is the financial adviser and White & Case is the legal adviser.
In December 2007, the project achieved financial closure
The financing comprises USD 2.23 billion of long-term base and standby facilities provided by the commercial lenders and JBIC and a USD 565 million three year equity bridge facility provided by Calyon and Sumitomo Mitsui Banking Corporation. |
| Project News |
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Standalone Project
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