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| Background |
Dubai Electricity and Water AuthorityDubai Electricity and Water Authority plans to develop its first Independent Power Provider in Hassyan, Dubai.
The purpose of the project is to meet the increasing demand for power and water in the country.
The project was initially planned as an IWPP with a capacity of 1,500 MW and 120 million g/d but was changed to a 1,500 MW IPP. DEWADEWA dropped the desalination component due to the sufficient water supply available in the coming years.
The feedstock will be a combination of natural gas and distillate fuel.
Mott MacDonaldMott MacDonald is the technical consultant. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| Q2 2012 |
BOO | BOO contract expected to be awarded and PPA expected to be signed
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| Q3 2014 |
Completion | Project is expected to be completed
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| Latest Events |
At the end of April 2012, the project was put on hold with no expected date to resume work.
In Q2 2012, the BOO contract is expected to be awarded and the PPA is expected to be signed.
In Q3 2014, the project is expected to be completed. |
| Previous Events |
In April 2012, the bids for the BOO contract were under evaluation.
On 15 January 2012, bidders submitted their proposals for the BOO contract (delayed from 18 October 2011).
In December 2011, bidders were submitting their proposals for the BOO contract.
In mid May 2011, 18 companies were pre-qualified and the RFP for the BOO contract was issued.
On 3 May 2011, companies submitted their pre-qualification documents for the BOO contract.
At the end of April 2011, the RFQ for the BOO contract was issued.
On 30 March 2011, companies submitted their EOIs for the BOO contract.
In March 2011, DEWADEWA issued the EOI for the BOO contract (delayed from Q3 2010).
In December 2010, DEWADEWA decided to develop the project as an independent power provider and dropped the desalination part.
In June 2010, the technical, financial and legal consultancy contract was awarded to the consortium of Mott MacDonaldMott MacDonald, HSBCHSBC and Clifford ChanceClifford Chance.
On 8 March 2010, fourteen bidders submitted their proposals for the consultancy contract for the implementation of an IWPP model in Dubai (the bids submission deadline was initially set to 22 February 2010). The awarded consultant will advise DEWADEWA on the financing of the project.
On 31 December 2009, DEWADEWA issued the ITB for the consultancy contract for an IWPP model and implementation. |
| Scope of Work |
Construction of a power plant with a capacity of 1,500 MW. |
| Financing Source |
HSBCHSBC is the financial adviser. Clifford ChanceClifford Chance is the legal adviser.
In Q1 2012, the financial close is expected. |
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