Home Power plant Four consortium submit bids for Saudi Aramco IPP

Four consortium submit bids for Saudi Aramco IPP

Marubeni submitted a bid to Saudi Aramco for the construction of new cogeneration and desalination facilities, to be situated in the Eastern zone of Saudi Arabia – the Tanajib Cogeneration and Desalination Project.

The project is included in the Marjan cogeneration ISPP, which is planned to have a power capacity of 700 – 900 MW and a steam capacity of 1,152 – 3,054-kilo pounds per hour. This cogeneration facility will be developed side by side of the Tanajib desalination project, which will have a capacity of 24,000 c-m of fresh-water per day. This will be expandable to 34,000 c-m of fresh-water per day by 2030. Marubeni was one of four teams who submitted bids for the project, with the financial close for the winning bidder scheduled for February 2020.

Operis was happy to provide a formal model audit as part of the bid submission, comprising a review of the tax and accounting advice to the model.


Please enter your comment!
Please enter your name here

Most Popular

Car Insurance Company in Saudi Arabia

SALAMA Comprehensive This is a conventional product. This plan includes GCC cover. This plan includes personal accident cover. There...

how much is car insurance in Dubai

How to Estimate the Cost of Car Insurance in Dubai? There are more than 10 different insurance companies...

Top 10 Best Car Insurance Companies In Dubai – UAE

There are two types of insurance policies: comprehensive insurance which covers losses arising from theft, fire, or accidents, and third party insurance...

SNOC begins gas production at Mahani field in Sharjah

Sharjah National Oil Corporation (SNOC) and its partner Italian oil major Eni have pulished the start-up of Mahani-1 gas well, marking the...