VOL. XLVII

No 21

24-May-2004

ENERGY FINANCE

Taweelah-B Bids To Be Submitted 20 June

The bids for development of Abu Dhabis fifth independent water and power project (IWPP), Taweelah-B, are scheduled to be submitted on 20 June. MEES understands that since receiving the Request For Proposal (RFP) in February, three or four groups of banks and developers have formed to compete for the project. A decision on the preferred syndicate is expected to be announced in the third quarter after a study of the...