Firms submitted bids for the financial, technical and legal advisory packages on 27 May

Abu Dhabi Power Corporation (AD Power) has received bids for the transaction advisory contracts for two planned waste-to-energy (WTE) plants in Abu Dhabi and Al-Ain.

Consultancy firms submitted bids for the financial, technical and legal advisory packages on 27 May.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The planned Abu Dhabi plant will have a processing capacity of up to 900,000t of waste a year and generate up to 90MW of electricity, equivalent to powering an average of 22,500 UAE households.

It will be located in the Industrial City of Abu Dhabi (Icad) in the Mussafah region.

The second plant will be located in Al-Ain. It has a planned processing capacity of up to 600,000t of waste annually and up to 60MW of electricity generation.

The power plants in Abu Dhabi Al-Ain will be developed according to the public-private partnership (PPP) model.

It is understood Emirates Water & Electricity Company (Ewec) will be the off-taker of the electricity generated by the two plants.

Abu Dhabi Waste Management Centre (Tadweer) will implement the project, which is expected to reduce carbon dioxide emissions by approximately 2.5 million tonnes annually.

The projects are in line with the UAE’s Vision 2021, which aims to divert 75% of waste away from landfills.

Al-Dhafra solar IPP

AD Power and Ewec are expected to sign the project agreement for the 2GW Al-Dhafra solar photovoltaic independent power project (IPP) soon.

A team, comprising France’s EDF and China’s Jinko Solar, is understood to have submitted the lowest bid for the scheme.

Power China Huadong is the team’s engineering, procurement and construction (EPC) contractor.

The EDF/Jinko Solar team submitted a levelised electricity cost (LEC) of AED4.97 fils a kilowatt-hour (kWh) ($1.35 cents/kWh), which is based on an evaluated weighted levelised electricity cost (EWLEC) offer of AED2.9117/kWh.

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