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1.

EBRD and EU support new tool to boost agricultural lending in Azerbaijan

Banks in Azerbaijan are expected to increase their capacity to lend to local farmers and agricultural firms thanks to a new, innovative tool to evaluate loans in the sector. The Azerbaijan Agricultur ......

  • Azerbaijan
  • Administration & Marketing
  • 26 Sep 2019
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Description Banks in Azerbaijan are expected to increase their capacity to lend to local farmers and agricultural firms thanks to a new, innovative tool to evaluate loans in the sector. The Azerbaijan Agriculture Loan Evaluation System (AzALES) was developed by the EBRD and the Frankfurt School of Finance and Management, with support from the European Union (EU). The system covers all commercially viable crops and animal products in Azerbaijan and helps lenders to assess risk more effectively, process loan applications faster and improve small private farms’ access to finance. Agriculture is one of the key sources of livelihood for the Azerbaijani community, with 36 per cent of the active labour force working in agriculture (most in rural areas). The agricultural sector accounts for around 6 per cent of GDP, and reaches above 10 per cent when agro processing industries are also included. The country has strong potential in agribusiness thanks to its variety of excellent crops. However, difficulties in accessing long-term, reliable and affordable finance, especially for firms in remote areas or with no real estate collateral, are holding the sector back. Ivana Duarte, Head of the EBRD’s office in Baku, said: “Offering banks a more efficient system for evaluating agribusiness loans will help improve services for the sector, which is often still considered to be risky, a perception that the new tool will help to address. The system is expected to leverage the positive effects of the reforms already being carried out in Azerbaijan’s financial and agricultural sector by the government.” The EU funding was instrumental in assisting the creation of AzALES. Simona Gatti, Minister Counsellor and Head of the EUD Delegation to Azerbaijan Cooperation Section, added: “AzALES comes at a critical point in time when the government of Azerbaijan deploys important resources to modernise the agricultural sector as part of its economic diversification strategy. “The success of many of the initiatives inscribed in the government roadmap for agriculture and indeed EU-supported activities in this sector hinge on improved access to agricultural credit notably by smaller and medium-sized rural operators.” AzALES will be centrally operated and maintained by Azerbaijan’s Agency for Agricultural Credit and Development under the Ministry of Agriculture and will be available to the entire financial sector in the country. It will enable financial institutions to: benefit from centralised and reliable agricultural data, increasing efficiency and transparency and reducing costs disburse agricultural loans in a more systematic way lend the amounts on terms and conditions that will prevent over-indebtedness. The EBRD supported a similar tool, TARDES, in Turkey in 2014. To date, 460,000 agricultural loan applications, worth a total of €2.6 billion, have been approved with the help of the system. It has also contributed to a significant decrease in the number of bad loans in the sector. The EBRD maintains a strong focus on Azerbaijan’s agricultural sector. Since 2013, the Bank has provided about €50 million of financing to various agribusiness firms in the country. The EBRD is one of the leading institutional investors in Azerbaijan, where it focuses on supporting efforts to diversify the economy and develop the private sector. The EU is the largest grant donor to Azerbaijan and to the rural development and agriculture sector. EU actions currently focus on improving overall sector governance, notably through reform of the subsidy regime, strengthening of agricultural advisory services, introducing good agricultural practices and climate change resilience, introducing a rural business information system, as well as aligning the food safety legal and institutional framework with EU standards. The EU also supports the development of integrated territorial development plans across the country with the objective of harnessing local and regional rural development potential thereby addressing income disparities. EU-funded grant schemes help local initiatives off and on farm to diversify sources of rural income by exploiting comparative advantages and in using EU best practices.
Industry Administration & Marketing
Source https://www.ebrd.com/news/2019/ebrd-and-eu-support-new-tool-to-boost-agricultural-lending-in-azerbaijan.html
2.

The Ministry of Finance shall set up criteria for bidding packages for online bidding

(GDT) - The Ministry of Finance has just stipulated the criteria for identifying bidding packages within the financial industry to perform the online contractor selection. Accordingly, the bidding pac ......

  • Vietnam
  • Administration & Marketing
  • 21 Sep 2019
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Description (GDT) - The Ministry of Finance has just stipulated the criteria for identifying bidding packages within the financial industry to perform the online contractor selection. Accordingly, the bidding packages in the financial industry perform the online contractor selection including 5 criteria: selection form, selection field, method of selection, capital source and value of bidding package. Specifically, the form of a bidding package is a bidding package for domestic bidding, competitive domestic offering (normal and shortened process). The field of selecting contractors includes construction and installation bidding packages, goods, consultancy services, non-advisory services under investment projects, regular procurement and concentrated procurement. The contractor selection method consists of a period of a dossier bag and a period of two dossier bags. Bidding packages using state budget capital, branch capital spent on construction investment support and other lawful capital sources spent in support of construction investment and state capital for procurement of properties and goods, service to maintain regular operation. Regarding the value of the bidding package, in 2019 the bidding packages in the field of goods, non-consulting, consulting <= VND 2 billion, bidding packages in the field of construction and installation <= VND 5 billion will have to perform online bidding. . In 2020, bidding packages in the field of goods, non-consultancy, consulting <= 5 billion VND, bidding packages in the field of construction <= 10 billion VND will have to be conducted online bidding. In 2021, bidding packages in the field of goods, non-consultancy, consulting <= VND 10 billion, bidding packages in the field of construction <= VND 20 billion will have to carry out online bidding ... The Ministry of Finance clearly requires that in the period of 2019 - 2021, the ratio of the number of bidding packages for selecting contractors online over the total number of competitive bidding packages, open bidding in the year must reach> = 50% ( year 2019); > = 60% (2020) and> = 70% (2021). The ratio of the total value of bidding packages for selecting contractors via the network to the total value of bidding packages for competitive, open bidding in the year must reach> = 15% (in 2019); > = 25% (in 2020); > = 35% (in 2021). In the period of 2022 - 2025, the roadmap for implementation will follow the regulations of the Ministry of Planning and Investment, ensuring that by 2025 the financial sector will achieve its goal: 100% of information in the process of contractor selection, implementation. the contract is posted publicly on the National bidding network system; at least 70% of the bidding packages under the scope of regulation of the Bidding Law shall be implemented on the national bidding network system; 100% of regular shopping is done on the System, applying centralized shopping on the System.
Industry Administration & Marketing
Source https://baodauthau.vn/dau-thau/bo-tai-chinh-xay-dung-tieu-chi-goi-thau-thuc-hien-dau-thau-qua-mang-108881.html
3.

The total value of projects awarded by the Tender Board during this year is RO 724 million

The government focuses on the implementation of vital projects in the economic and service sectors covering all governorates MUSCAT - The Sultanate is working to accelerate the pace of the national e ......

  • Oman
  • Administration & Marketing
  • 03 Sep 2019
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Description The government focuses on the implementation of vital projects in the economic and service sectors covering all governorates MUSCAT - The Sultanate is working to accelerate the pace of the national economy by establishing new projects and injecting additional funds into the economy, according to statistics compiled by the Oman News Agency (ONA). For the full year 2018, the Board has allocated RO 129 million. During the current year, the Sultanate adopted an expansionary approach to allow the private sector to acquire new business. It also focused on completing the implementation of a number of vital projects.According to the State General Budget for the current year, the Government allocated RO 2.6 billion for investment expenses, including 1.2 RO 1 billion for development expenses, RO 800 million for oil production and RO 500 million for gas production. The estimated total public expenditure in the current years budget is RO 12.9 billion, an increase of RO 400 million over the estimated expenditure in last years budget. According to the statistical data issued by the National Center for Statistics and Information, total government expenditure at the end of last May amounted to about RO5.75 billion, of which about 3.6 billion RO for current expenses, RO 868.2 million for investment expenses and RO 175 million for contributions and support in addition to actual expenses. Under settlement amounting to RO 448.5 million not included in the previous three items. From January to August 7, the Tender Board held eight meetings.The number of tenders awarded was 86, which is twice the number for the whole of 2018.The number of tenders awarded by the Board last year reached 46. The Council is responsible for awarding government projects costing more than OMR 3 million, while government units award tenders that are less expensive, but there are no published official statistics for the total projects awarded by government units worth less than OMR 3 million. The projects approved by the Tender Board during the current year included various economic, social, health, educational and other sectors, and in terms of cost came in the forefront: Tender to provide educational services for the curricula of academic and technical studies of technical colleges of the Ministry of Manpower for a period of three years at a cost of about 114.4 million Omani riyals. Second place was the addition of the third and fourth lanes for the duplication of the Rusayl-Nizwa road from the Muscat highway intersection to the eastern highway intersection (part I) for RO 86.2 million. Intersections and bridges within the Al Batinah Highway project (7th package) worth RO 81.3 million. In the road projects, the Council also approved the construction of two tunnels and the implementation of additional works for the third lane of the Duplication of Sharqiya Highway (Phase I - Part I) at RO 71.5 million. Duplication of the road of Aqaba Al Rustaq in Al Batinah South Governorate by more than RO 2 million. This year, the Tender Board awarded three projects in the field of protection dams: the construction of the Dam Dam in Al Jafnain area in Muscat Governorate for RO 45.6 million, the construction of the flood protection dam in Wadi Adi area in the Governorate of Muscat by RO 36 million and the construction of the Dam Dam. The risk of flooding in Al Jafina area in the wilayat of Amerat in Muscat Governorate is about RO 34.6 million. In the health sector, several tenders were awarded, including: supply of medicines, vaccines and serums to the Ministry of Health in the amount of RO 29.1 million, and three tenders to provide technicians for the operation and maintenance of health equipment belonging to the Ministry of Health in the provinces of Dhofar and South East at a total cost of about 11.8 million. In the airport sector, the contract for the maintenance of air traffic management systems (civil aviation) contract was awarded to RO 3.8 million and advisory services to oversee the development of Muscat International Airport and Salalah Airport at RO 3.6 million. The tenders awarded during the current year also included the construction of a mixed-use investment building that includes the establishment of offices and hotel and residential and commercial units and their accessories in the high cost of Muscat Governorate for a retirement fund of civil servants worth RO 54.6 million, and the expansion and development of the sea fishing port in Dibba, Musandam Governorate to the Ministry of Agriculture and Fisheries RO 39.8 million, construction of mosques, mosques and 5 schools for the Liwa housing project (relocation of affected families by the activities of Sohar Industrial Port, Liwa) at RO 24.5 million, renewal of the Ministry of Education contract National transport (transport) by about 6.7 million rials. It is expected that the new projects will contribute to stimulating the economic movement and provide more work for the private sector companies, thus increasing the employment opportunities available to citizens.
Industry Administration & Marketing
Source http://alwatan.com/details/344609
4.

`` Tenders awards projects in 2019 more than 6 times the value of 2018 projects

The government allocates 2.6 billion riyals for investment expenses Total expenditure at the end of May amounted to about QR5.75 billion Muscat - Oman The value of projects approved by the ......

  • Oman
  • Administration & Marketing
  • 03 Sep 2019
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Description The government allocates 2.6 billion riyals for investment expenses Total expenditure at the end of May amounted to about QR5.75 billion Muscat - Oman The value of projects approved by the Tender Board this year amounted to RO 724.1 million, thus increasing the amount by almost six times what the Board approved during the whole of 2018, amounting to RO 129 million, as part of the Sultanates efforts to accelerate the pace of the national economy through the establishment of new projects and pumping more Funds for the development of the economy. During the current year, the Sultanate adopted an expansionary approach to allow the private sector to acquire new business. It also focused on completing the implementation of a number of vital projects. According to the state budget for the current year, the government allocated RO 2.6 billion for investment expenses, including 1.2 billion. The total estimated public expenditure in this years budget is RO 12.9 billion, an increase of RO 400 million over the estimated expenditure in last years budget. . According to the statistical data issued by the National Center for Statistics and Information, total government expenditure at the end of last May amounted to about RO5.75 billion, of which about 3.6 billion RO for current expenses, RO 868.2 million for investment expenses and RO 175 million for contributions and support in addition to actual expenses. Under adjustment amounting to RO 448.5 million not included in the previous three items. From January to August 7, the Tender Board held eight meetings.The number of tenders awarded was 86, which is twice the number for the whole of 2018.The number of tenders awarded by the Board last year reached 46. The Council is responsible for awarding government projects costing more than OMR 3 million, while government units award tenders that are less expensive, but there are no published official statistics for the total projects awarded by government units worth less than OMR 3 million. The projects approved by the Tender Board during the current year included various economic, social, health, educational and other sectors, and in terms of cost came in the forefront: Tender to provide educational services for the curricula of academic and technical studies of technical colleges of the Ministry of Manpower for a period of three years and cost about RO 114.4 million, Second place was the addition of the third and fourth lanes for the duplication of the Rusayl - Nizwa road from the intersection of Muscat highway to the intersection of Sharqiya highway (part I) for RO 86.2 million. Supports and bridges within the Al Batinah Highway project (Seventh package) worth RO 81.3 million. In the road projects, the Council approved the construction of two tunnels and the implementation of additional works for the third lane of the Duplication of Sharqiya Highway (Phase I - Part I) amounting to RO 71.5 million, and the additional works for the upgrade of the efficiency of Falaj Al Qabail Roundabout in the Wilayat of Sohar by RO 3 million. Duplication of the road of Aqaba Al Rustaq in Al Batinah South Governorate by more than RO 2 million. During the current year, the Tender Board has awarded three projects in the field of protection dams: the construction of the Dam Dam in Al Jafnain area in the Governorate of Muscat for RO 45.6 million; The risk of flooding in Al Jafina area in the wilayat of Amerat in Muscat Governorate is about RO 34.6 million. In the health sector, several tenders were awarded, including: supply of medicines, vaccines and serums to the Ministry of Health for RO 29.1 million, and three tenders for the provision of technicians for the operation and maintenance of health equipment belonging to the Ministry of Health in the governorates of Dhofar and South-Sharqiyah at a total cost of about RO 11.8 million. In the airport sector, the contract for the maintenance of air traffic management systems (civil aviation) contract was awarded to RO 3.8 million and advisory services to oversee the development of Muscat International Airport and Salalah Airport at RO 3.6 million. Tenders awarded during the current year also included the construction of a mixed-use investment building, which includes the establishment of offices, hotel, residential and commercial units and their accessories in the high cost of Muscat Governorate for the retirement fund of civil servants worth RO 54.6 million, and the expansion and development of the sea fishing port in the wilayat of Dibba, Musandam Governorate to the Ministry of Agriculture and Fisheries 39.8 million RO, construction of mosques, mosques and 5 schools for the Liwa Housing Project (relocation of affected families to the activities of Sohar Industrial Port in the Wilayat of Liwa) at RO 24.5 million, renewal of the Ministry of Education contract with National transport (transport) by about 7.6 million to RO. It is expected that the new projects will contribute to stimulating the economic movement and provide more work for the private sector companies, thus increasing the employment opportunities available to citizens.
Industry Administration & Marketing
Source https://uk-arabicnews.com/world/11207818/%D8%A7%D9%84%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A7%D8%AA-%D9%8A%D8%B3%D9%86%D8%AF-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D9%81%D9%8A-2019-%D8%A8%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-6-%D8%A3%D8%B6%D8%B9%D8%A7%D9%81-%D9%82%D9%8A%D9%85%D8%A9-%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-2018
5.

Government allocates RO 2.6 billion for investment expenses

The Sultanate is working to accelerate the pace of the national economy through the establishment of new projects and the injection of additional funds in the economy. The full year 2018 amounted to R ......

  • Oman
  • Administration & Marketing
  • 03 Sep 2019
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Description The Sultanate is working to accelerate the pace of the national economy through the establishment of new projects and the injection of additional funds in the economy. The full year 2018 amounted to RO 129 million. During the current year, the Sultanate adopted an expansionary approach to allow the private sector to acquire new business. It also focused on the completion of a number of vital projects. RO 1 billion for development expenses, RO 800 million for oil production and RO 500 million for gas production. The estimated total public expenditure in the current year budget is RO 12.9 billion, an increase of RO 400 million over the estimated expenditure in last years budget. According to the statistical data issued by the National Center for Statistics and Information, the total government expenditure at the end of last May amounted to about RO 5 billion and 75 million, of which about 3.6 billion RO for current expenses, RO 868.2 million for investment expenses and RO 175 million for contributions and support in addition to actual expenses. Under adjustment amounting to RO 448.5 million not included in the last three items. From January to August 7, the Tender Board held eight meetings during which 86 tenders were awarded, twice the number for the whole of 2018, with 46 tenders awarded by the Board last year. The Council is responsible for awarding government projects costing more than OMR 3 million, while government units award tenders that are less expensive, but there are no published official statistics for the total projects awarded by government units worth less than OMR 3 million. The projects approved by the Tender Board during the current year included various economic, social, health, educational and other sectors. Second place was the addition of the third and fourth lanes for the duplication of the Rusayl - Nizwa road from the Muscat highway intersection to the eastern highway intersection (part I) for RO 86.2 million. T junctions and bridges within the project of the Al Batinah highway (seventh package) worth 81.3 million rials. In the road projects, the Council also approved the construction of two tunnels and the implementation of additional works for the third lane of the Duplication of the Sharqiya Highway (Phase I - Part I) amounting to RO 71.5 million and the additional works for the upgrading of Falaj Al Qabeel Roundabout in Sohar by RO 3 million and the additional works for the project. Duplication of the road of Aqaba Al Rustaq in Al Batinah South Governorate by more than RO 2 million. The Tender Board has awarded three projects in the field of protection dams during the current year: the construction of the Dam Dam in Al Jafnain area in the Governorate of Muscat for RO 45.6 million, the construction of the flood protection dam in Wadi Adi area in the Governorate of Muscat by RO 36 million and the construction of the Dam Dam. The risk of flooding in Al Jafina area in the wilayat of Amerat in Muscat Governorate is about RO 34.6 million. In the health sector, several tenders were awarded, including: supply of medicines, vaccines and serums to the Ministry of Health for RO 29.1 million, and three tenders for the provision of technicians for the operation and maintenance of health equipment belonging to the Ministry of Health in the governorates of Dhofar and South-Sharqiyah at a total cost of about RO 11.8 million. In the airport sector, the contract for the maintenance of air traffic management systems (civil aviation) contract was awarded to RO 3.8 million and advisory services to oversee the development of Muscat International Airport and Salalah Airport at RO 3.6 million. The tenders awarded during the current year also included the construction of a mixed-use investment building that includes the establishment of offices and hotel and residential and commercial units and their accessories in the high cost of Muscat Governorate for the retirement fund of civil servants worth RO 54.6 million, and the expansion and development of the fishing port in the wilayat of Dibba, Musandam Governorate to the Ministry of Agriculture and Fisheries RO 39.8 million, construction of mosques, mosques and 5 schools for the Liwa housing project National transport hip (transportation) by about 7.6 million to RO. It is expected that the new projects will contribute to stimulating the economic movement and provide more work for the private sector companies, thus increasing the employment opportunities available to citizens.
Industry Administration & Marketing
Source https://abudhabi-news.com/Oman/5598338/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D8%B1%D8%B5%D8%AF-26-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%B1%D9%8A%D8%A7%D9%84-%D8%B9%D9%85%D8%A7%D9%86%D9%8A-%D9%84%D9%84%D9%85%D8%B5%D8%B1%D9%88%D9%81%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A9
6.

New rules target procurement black economy

Businesses seeking to tender for Australian government procurement contracts will for the first time have to show proof they have squeaky clean tax credentials under new guidelines designed to increas ......

  • Australia
  • Administration & Marketing
  • 02 Jul 2019
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Description Businesses seeking to tender for Australian government procurement contracts will for the first time have to show proof they have squeaky clean tax credentials under new guidelines designed to increase the integrity of government procurement. From July, businesses tendering for contracts over $4 million will be required to provide a statement from the ATO proving they have a satisfactory tax record, the Treasury guidelines say. “Increasing the integrity of Commonwealth Government procurement processes promotes good tax Mathias Cormann behaviour and creates an even playing field for businesses that comply with their tax obligations,” the document, released in March, says. In a joint message, Assistant Treasurer Stuart Robert and Finance Minister Mathias Cormann say supply chain integrity can be easily undermined as a result of illegal supplier practices, of which purchasers are often unaware. “This policy is about reducing black economy behaviour by businesses involved in government procurement contracts so the government can lead by example and support businesses that are doing the right thing,” they say. “The black economy harms those less able to protect themselves and penalises those doing the right thing. The black economy undermines trust and creates an unlevel playing field.” Connections to organised crime The policy follows the final report of the Black Economy Taskforce, which found the supply chain is becoming more complex and competitive and recommended targeting government procurement to ensure the government led by example. That taskforce report, released in October 2017, found the public sector, no less than the private sector, is under pressure to cut costs and may opt for the cheapest bid, “even if it seems suspiciously low”. It also noted that government across all levels is a large procurer of services in high-risk sectors such as building and construction, security and cleaning, long and complex supply chains are hard to police. “We have heard of examples where honest businesses are underbid by tenderers with unrealistically low bids. In such cases businesses are unlikely to comply with all tax and employment obligations. In some cases there were connections to organised crime.” New guidelines The new policy guidelines will be introduced over a year, with businesses eventually also required to demonstrate they meet superannuation and third party reporting obligations and disclose any court order penalties or convictions for phoenixing, bribery or corruption. Tax agents and consulting firms that provide advisory services may also have to provide details of their services to show they are not involved in promoting dodgy tax schemes. The policy comes into force on July 1 and applies to new tenders on or after that date for all goods and services. It doesn’t affect existing contracts. It requires that companies supply a Statement of Tax Record (STR) within four days of making a tender submission. The STR will remain valid for 12 months. Comment below to have your say on this story. If you have a news story or tip-off, get in touch at editorial@governmentnews.com.au. Sign up to the Government News newsletter.
Industry Administration & Marketing
Source https://www.governmentnews.com.au/new-requirements-target-procurement-black-economy/
7.

Afreximbank to grant $140m credit facility to Eswatini

The African Export-Import Bank (Afreximbank) has said it will provide a credit facility valued at two billion Rands (about 140 million dollars) to the Kingdom of Eswatini for trade and economic goals. ......

  • South Africa
  • Administration & Marketing
  • 28 Jun 2019
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Description The African Export-Import Bank (Afreximbank) has said it will provide a credit facility valued at two billion Rands (about 140 million dollars) to the Kingdom of Eswatini for trade and economic goals.Prof. Benedict Oramah, Afreximbank’s President, said on Wednesday that the facility would enable the Kingdom achieve required funding to meet trade and strategic economic goals. In a statement in Abuja on Thursday, Oramah made the announcement when he led a delegation of the bank to visit King Mswati III of the Kingdom of Eswatini in Mbabane. He said that the facility would also enable the Kingdom to leverage its future financial flows as a tool for economic development. Oramah affirmed Afreximbank’s commitment to supporting the economic growth of Eswatini. While recognising the large supply of timber in the country, he urged the government to develop a policy for its processing. “We want to be relevant to this country. This visit will help us chart a more aggressive course to support the development of the country. “There are many areas in which we can assist and we can provide support to your timber industry,“ he said. The King of Eswatini commended Afreximbank for the assistance and services it was committing to the country. He welcomed the signing of the joint declaration between the country and Afreximbank, saying it was a key contribution towards the development of the Kingdom. Earlier, Neal Rijkenberg, Eswatini’s Minister of Finance, who signed the Joint Declaration on behalf of the government, said the facility when effective would help address development opportunities in the kingdom. Rijkenberg said that Eswatini could use Afreximbank’s assistance for advisory services in converting Eswatini’s agro-processing potential into a leading export driver. He also invited the bank to explore opportunities in the tourism and manufacturing sectors. Afreximbank’s delegation also met with Prime Minister Ambrose Dlamini, who commended the Bank’s commitment and dedication to Eswatini since it became a member of the Bank. Dlamini said that the Bank’s support was invaluable to the Kingdom’s economic growth and expansion.
Industry Administration & Marketing
Source https://www.journalducameroun.com/en/afreximbank-to-grant-140m-credit-facility-to-eswatini/
8.

DEWA issues tender for fifth 900 MW phase of 5 GW solar park

Overall, 64 companies have expressed interest in building the next 900 MW phase of the huge Mohammed bin Rashid Al Maktoum Solar Park. The first section of this part of the park is scheduled for compl ......

  • United Arab Emirates
  • Administration & Marketing
  • 27 Jun 2019
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Description Overall, 64 companies have expressed interest in building the next 900 MW phase of the huge Mohammed bin Rashid Al Maktoum Solar Park. The first section of this part of the park is scheduled for completion in the second quarter of 2021. The Dubai Water and Electricity Authority (DEWA) has launched a tender for the fifth phase of the huge Mohammed bin Rashid Al Maktoum Solar Park. The utility said it has already received letters of intent for the tender from 64 companies, which participated in a request for qualification process that started in late February, after the utility issued a specific tender for IPP advisory services in May of last year. DEWA has specified that the winning bidder will own 40% of the company operating the project, while it will hold the remaining 60%. The selected project, which will have a capacity of 900 MW, will be awarded a 25-year PPA. “The fifth phase of the solar park will be commissioned in stages starting from Q2 2021,” DEWA said in an online statement. Middle East’s largest PV project Only two sections of the 5 GW park are currently operational: the first phase, with just 13 MW, and the 200 MW second phase. An 800 MW PV array and a 200 MW concentrating solar power (CSP) plant are also under construction at the site. Phase I was developed by U.S. thin-film module maker First Solar in late 2013 and phase II was constructed by Saudi group ACWA Power and Spanish engineering services provider TSK. French energy gian EDF began work on the 800 MW PV section of Phase III in 2017, with a 200 MW section coming online in May 2018. This part of the project will sell power to DEWA at a rate of $0.029/kWh. Phase IV, which was originally meant to be a 700 MW of CSP plant, but was later expanded with 250 MW of PV capacity, is being developed by ACWA. The PV portion of that phase will sell power for $0.024/kWh. For the CSP section, ACWA and DEWA have agreed on a rate of $0.073/kWh. The Mohammed bin Rashid Al Maktoum Solar Park, which is also set to include large-scale storage and hydrogen facilities, is scheduled for final completion by 2030.
Industry Administration & Marketing
Source https://www.pv-magazine.com/2019/06/17/dewa-issues-tender-for-fifth-900-mw-phase-of-5-gw-solar-park/
9.

Saipem-led joint venture scores work on Anadarko’s Mozambique LNG project

CCS JV, a joint venture between McDermott, Saipem, and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum for work on the Mozambique Area 1 LNG development. McDermott said on ......

  • Mozambique
  • Administration & Marketing
  • 22 Jun 2019
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Description CCS JV, a joint venture between McDermott, Saipem, and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum for work on the Mozambique Area 1 LNG development. McDermott said on Wednesday that CCS’s project scope included onshore engineering, procurement, and construction (EPC) for all components of two onshore LNG trains with a total capacity of 12.88 million tonnes per annum (MTPA), plus the associated utilities and infrastructure. The joint venture previously provided front-end engineering design (FEED) services for this LNG development. According to the company, McDermott’s initial portion of the EPC contract award is approximately $2 billion. It is worth noting that McDermott and Saipem established a new office in Milan, Italy, where a team from both companies will lead the project management, engineering, and procurement in advance of sharing on-site construction management responsibilities. McDermott will perform engineering from both London and Gurgaon, India. Chiyoda will only provide advisory services for the joint venture. Work at the site is expected to begin when Anadarko issues a notice to proceed after it makes a final investment decision (FID). McDermott added that the contract award would be reflected in the company’s backlog once Anadarko approves FID, expected in June 2019. Saipem deal Saipem stated in a separate press release that its part of the contract equals around $6 billion. The company will be the leader of the CCS joint venture for the duration of the project. Work at the site under both contracts is expected to begin when Anadarko issues a notice to proceed after it makes a final investment decision (FID). Anadarko is the operator of Offshore Area 1, with ENH Rovuma Área Um, Mitsui E&P Mozambique, ONGC Videsh, Beas Rovuma Energy Mozambique, BPRL Ventures Mozambique, and PTTEP Mozambique Area 1 as its partners.
Industry Administration & Marketing
Source https://www.lngworldnews.com/saipem-led-joint-venture-scores-work-on-anadarkos-mozambique-lng-project/
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Wood awarded technical advisor role on Vineyard Wind offshore wind project

Wood has been awarded the role of technical advisor on Vineyard Wind offshore wind farm owned by Copenhagen Infrastructure Partners and Avangrid Renewables. As part of the scope of work on this four ......

  • United States
  • Administration & Marketing
  • 20 May 2019
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Description Wood has been awarded the role of technical advisor on Vineyard Wind offshore wind farm owned by Copenhagen Infrastructure Partners and Avangrid Renewables. As part of the scope of work on this four-year contract, the company will provide technical advisory services including an assessment of design, construction and operation strategies as well as commercial arrangements to support the debt financing and tax equity funding process for the project. The offshore wind farm is located off the coast of Martha’s Vineyard, an island in Massachusetts, USA. On completion, the 800MW offshore wind farm, which consists of 84 9.5 MW wind turbines.
Industry Administration & Marketing
Source https://www.windtech-international.com/company-news/wood-awarded-technical-advisor-role-on-vineyard-wind-offshore-wind-project

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