ABU DHABI WATER AND ELECTRICITY AUTHORITY invited developers to set up a 350MW Solar Photovoltaic

Energy and Related Services

Tendersontime is amongst the first to announce that ABU DHABI WATER AND ELECTRICITY AUTHORITY ("ADWEA")  has invited developers or developer consortium to Express Interest in relation to set up a 350MW Solar Photovoltaic (“PV”) Independent Power Project located at Sweihan, approximately 120 km east of the city of Abu Dhabi, and in the vicinity of an existing high voltage substation, to which it will be connected.

This competitive process is to select the developer or the developer consortium which will own up to 40% of a special purpose vehicle (SPV) to be incorporated under the laws of the Emirate of Abu Dhabi and United Arab Emirates The remaining equity will be held, directly or indirectly, by ADWEA. Read complete story at http://www.tendersontime.com/blog-detail/abu-dhabi-water-and-electricity-authority-invited-developers-set-350mw-solar-photovoltaic-1587.php