Bahrain 100MW solar project contract won by Acwa-led consortium
Posted on 25th February 2019
According to *ME Construction News report, agreement for the purchase of electricity and accompanying agreements will be signed next month to ensure project is on schedule. A 100MW independent solar power plant in Bahrain will be delivered by a consortium comprising Acwa, Mitsui & Company and Al Moayyed. Bahrain’s Electricity and Water Authority (EWA) awarded the contract after the Tender and Auction Board selected the Acwa-led group over other contenders.
The Acwa-led consortium won the bid as it offered the best price of electricity per unit (BD14.668 per megawatt hour), which includes the price of energy production.
The project is being implemented on a build-own-operate (BOO) model to achieve higher efficiency in the management project and cost competitiveness, it stated.
The project was approved by the co-ordinating committee under the chairmanship of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Deputy Supreme Commander, First Deputy Prime Minister.
According to a statement from EWA, planning for the project began in December 2017, after the appointment of a consultant consortium, which includes Mott MacDonald, KPMG, Trowers & Hamlins.
The solar project aims to exploit renewable energy to raise the capacity of electricity production and meet the growing demand for electricity throughout Bahrain, driven by urban, industrial and commercial expansion.
*News source: http://meconstructionnews.com/...Back to all Construction News
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