International firms submit bids low for Dubai private water project
The planned Hassyan independent water project in Dubai, UAE, will have the capacity to handle up to 120 million imperial gallons a day.
The planned Hassyan independent water project in Dubai, UAE, will have the capacity to handle up to 120 million imperial gallons a day.
State utility Dubai Electricity & Water Authority (Dewa) has received two bids for the the planned 120 million-imperial-gallon-a-day (MIGD) Hassyan independent water project (IWP).
MEED understands the bidders and their prices are:
- Utico (local): $0.30614 a cubic metre
- Acwa Power (Saudi Arabia): $0.31784 a cubic metre
The IWP will be developed in two phases, with the commissioning date for the first 60MIGD phase, block A, scheduled for April 2023 and the operation date for the second 60MIGD phase, block B, planned for August 2023.
Dewa will sign a water purchase agreement with the successful bidder. Similar to the fifth phase of Dubai’s Mohammed bin Rashid (MBR) solar park, no sovereign guarantee will be provided for the project.
MEED reported in May 2018 that Dewa had appointed advisers for the Hassyan project. The utility appointed the UK’s EY as lead and financial adviser, UK-based CMS as legal adviser and Canada’s WSP as technical adviser.
The project is Dubai’s first IWP, with previous desalination capacity all tendered under engineering, procurement and construction contracts.
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