Qatar sets February deadline for Facility E bids

MEED    6 January 2021 (Last Updated January 6th, 2021 15:44)

Qatar sets February deadline for Facility E bids
MEED has reported that the IWPP is expected to have a power generation capacity of approximately 2,300MW. Credit: Viewfoto studio / Shutterstock.

Kahramaa revises the plant’s power generation capacity

The Qatar General Electricity & Water Corporation (Kahramaa) has revised the design capacity of the planned Facility E independent water and power project (IWPP) and has requested new bids to be submitted by 28 February.

According to sources familiar with the project, the power generation capacity for the Facility E IWPP scheme has been increased to 2,600MW.

MEED has reported that the IWPP is expected to have a power generation capacity of approximately 2,300MW and a desalination component of 100 million imperial gallons a day (MIGD) once fully operational.

The consortiums that submitted a bid for the contract on 27 August include:

  • Engie (France) / Mitsui (Japan) / Yonden (Shikoku Electric, Japan)
  • Sumitomo / Kansai Electric (Japan)
  • Marubeni / Kyushu Electric (Japan)

Qatar General Electricity & Water Corporation (Kahramaa), the project’s client, has said it expects to sign water and power purchase agreements with the successful bidder in April and reach financial close in October.

It is understood the project aims to generate the first power and water from the plant in June and July 2023 respectively.

Full commercial operation will commence in June 2024.

Advisory team

In June 2020, Kahramaa appointed a new team of advisers for the project.

The new transaction advisory team includes UK-headquartered PwC and Clyde & Co as financial and legal advisers respectively and Energo as a technical adviser.

The team has replaced an advisory consortium appointed for the project in 2017. It included the UK’s EY as a financial consultant, Finland’s Poyry as a technical consultant, and the UK’s DLA Piper as legal adviser.

This article is published by MEED, the world’s leading source of business intelligence about the Middle East. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s Middle East business intelligence, subscribe here