Four groups submit bids for Saudi Aramco IPP

State oil company Saudi Aramco received bids from four groups for the planned Marjan cogeneration independent steam and power plant (ISPP) and Tanajib desalination plant.

According to sources close to the scheme, the oil company received bids from the following groups on 30 September:

• Acwa Power (local) / GIC (Kuwait)
• Engie (France)
• Kepco (South Korea) / Al-Jumaih (local)
• Marubeni (Japan)

The Marjan cogeneration ISPP will be codeveloped with the Tanajib desalination project.

The Marjan ISPP is planned to have a power capacity of 700MW-900MW, with a steam capacity of 1,152-3,054 kilo pounds an hour, and a desalination component of 24,000 cubic metres a day (cm/d), which will be designed so it can be expanded to 34,000 cm/d by 2030.

The Tanajib desalination project was added to the scope of the project during the prequalification stage.

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has been appointed as financial adviser for the project, with Germany’s Fichtner Consulting Engineers appointed as technical consultant. The client is targeting for the project to reach financial close by 28 February 2020.