ACWA Power offers sole bid for Shoaiba
- From: Vol 6, Issue 3 (March 2005)
- Category: General
- Region: Middle East
- Country:
- Related Companies: Abunayyan Group, ACWA Power, Al Bugshan, Al-Muhaidib Group, Black & Veatch, Clifford Chance, Doosan Heavy Industries, Fichtner, HSBC, ILF Consulting Engineers, International Power, Mada, Malakoff, Milbank, Tweed, Hadley & McCloy, Mitsui & Co., Riyad Bank, Saudi Oger, Siemens, Standard Chartered Bank, Sumitomo, Tenaga Nasional Bhd, The Law Firm of Yousef & Mohammed al-Jadaan, Tractebel, Trowers & Hamlins and Xenel
This isn’t necessarily a bad thing, despite the market’s initial reaction.
Saudi Arabia’s Water and Electricity Company (WEC) has received only one bid for its showpiece Shoaiba IWPP. The offer is from the ACWA Power consortium, which includes the Malaysian developers Tenaga Nasional Berhad (TNB) and Malakoff, and the local Mada Company for Industrial & Commercial Investment.
The highly fancied Tractebel and International Power consortia did not submit an offer by ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
