Weight Loss Express

28 April 2008

Abu Dhabi extends Shuweihat 2 deadline

Abu Dhabi Water & Electricity Authority (Adwea) has extended the bid deadline for the Shuweihat 2 independent power and water project (IWPPs) by three weeks to 14 May. The decision to postpone the bid date came at the request of several prospective bidders.
Up to four developer groups are expected to submit proposals.

Under the revised schedule, Adwea plans to shortlist developers by 5 June. The power purchase agreement will then be signed by 21 July with financial close targeted by 11 December.

The Shuweihat 2 project is out to tender at the same time as several other IWPPs in the region. Bids for Saudi Arabia's Ras al-Zour IWPP are due on 4 May, bids for the Addur IWPP in Bahrain are due on 7 May and for Oman's Slalah IWPP due on 12 May.

In addition, in Saudi Arabia the deadline for bids for the Rabigh independent power project is 31 August and bids for the Yanbu IWPP are due on 27 August (MEED).

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