Fujairah Power Company - Fujairah F3 IPP

General Information
Owner Fujairah Asia Power Company (Fapco)
Masterplan Project (Parent Profile)
Location Fujairah, Emirate of Fujairah, UAE
Status --
Sector Power, Generation, Oil/Gas Power Plant
Contract Type Build Own Operate (BOO)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 98
Estimated Budget Value ---
Contract Value 953
Net Value $953m
Award Date February 2020
Completion Date May 2024
Last Updated On January 2024
ProjectId (Old, New) 44776, 290889


Fujairah Power Company is undertaking the construction of independent power project F3 IPP in the northern emirate of Fujairah, Abu Dhabi, the UAE.

The US$1,150 million project includes the following:

1. Construction of a 2,400MW power plant

2. Installation of three gas turbines( 528 tonnes and 13.6 metre long, 6.1 metre wide and 6 metre high)

3. Installation of three gas turbine generators(395 tonnes and 11 metres long, 5.8 metres wide and 5.2 metres high)

4. Installation of the control system

5. Construction of HRSG & Diverter Damper

6. Installation of Heat Recovery Steam Generator (HRSG)

7. Associated facilities

Second Section

26 January 2024

Construction works are ongoing and the time frame for its completion is unknown at this juncture.

19 December 2023

Construction works are nearing completion.

07 August 2023

Construction works are still ongoing and are expected to be completed by December 2023.

11 May 2023

Construction works are nearing completion. (Source: MEED)

21 February 2023

The installation process of three gas turbines for the project is currently underway.

28 November 2022

Gas turbines have been installed on the foundation of the power plant by Mammut Group.

25 July 2022

Construction works are progressing as per schedule.

07 March 2022

Construction works are ongoing and expected to be completed by February 2023.

20 September 2021

We have not been able to obtain further updates on this project. We have retained the same project stage and amended the key dates accordingly. We will update the profile as soon as we obtain any new information.

20 May 2021

Construction works are ongoing on the project.

22 April 2021

Construction works are ongoing on the project

28 March 2021

INCO Group has been awarded as the mechanical contractor for HRSG & Diverter Damper assemble and installation works.

25 March 2021

Construction works are ongoing.

16 December 2020

Jan De Nul Group has been awarded the marine subcontract for the intake and outfall installation for the Fujairah F3 gas-fired combined-cycle power plant. (Source: MEED)

01 October 2020

Construction works are ongoing and expected to complete by 2023.

25 August 2020

Mitsubishi Hitachi Power Systems (MHPS) has received an order for three M701 JAC gas turbine generators to be used in the plant.

08 July 2020

Financial close has been achieved. A consortium of Japan Bank of International Cooperation (JBIC), Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Trust Bank, BNP Paribas and Standard Chartered Bank will provide project funding while the construction works are planned to be progressed on schedule. (Source: MEED)

06 July 2020

Doosan Heavy Industries & Construction Company has secured a contract worth US$58 million for the supply of 270MW steam turbine and a 540MW generator.

23 June 2020

Project financing terms are understood to have been agreed and the US$900m soft mini-perm project financing is split between Tokyo-based Japan Bank of International Cooperation (JBIC) and five commercial banks. (Source: MEED)

03 June 2020

The financial close is expected to reach by the end of June 2020. Samsung C&T is awaiting for Notice to Proceed (NTP) from the client for the actual construction to start.

14 May 2020

Mobilization works are ongoing and construction works are yet to commence

01 April 2020

Construction works are yet to commence and the financial close is expected to reach by the end of April 2020. (Source: MEED)

17 February 2020

Marubeni consortium has signed a power purchase agreement for the project implementation. Samsung C&T will undertake the engineering, procurement and construction works. (Source: MEED)

31 January 2020

Marubeni has emerged as the frontrunner for the contract to develop the project. The contract is expected to be awarded by Q1 2020. (Source: MEED)

13 January 2020

The main contract bids are still under evaluation.

09 December 2019

The project is yet to be awarded and Engie has submitted the lowest bids (16.701 fils/kWh) amongst others. (Source: MEED)

17 October 2019

Technical bids have been submitted and commercial bid submission is due on October 26, 2019. Following companies amongst others have submitted bids: 1. Engie/Dongfang/ MHPS JV (16.701 fils/kWh) 2. Marubeni/Samsung C&T JV (16.812 fils/kWh) 3. EDF/Jera/Harbin Electric JV (17.109 fils/kWh) 4. Acwa Power/Mitsui /Yonden/Sepco III/ Power China JV (17.197 fils/kWh) 5. Sumitomo/Tecnicas Reunidas JV (18.442 fils/kWh) 6. Siemens/Elsewedy JV (18.514 fils/kWh) (Source: MEED)

12 September 2019

The following EPC companies aligned with developers have been requested to submit the bids on October 16, 2019: JV of SEPCO III/Acwa power, JV of Donghan/ Engie, JV of Samsung C&T/Marubeni, JV of El Sewedy/Sumitomo and JV of Tecnicas Reunidas/Sumitomo. (Source: MEED)

25 July 2019

The main contract bid submission date has been extended to October 1, 2019. (Source: MEED)

02 July 2019

The bid submission date remains the same and Sojitz is most likely to submit the bids.

22 May 2019

RFP has been issued and the last date for bid submission is September 15, 2019. Following 13 companies have been prequalified: 1. Acwa Power 2. Mitsubishi 3. EDF 4. Engie 5. Itochu 6. Jera 7. Kepco 8. Marubeni 9. Mitsui 10. Posco Energy 11. Siemens 12. Sojitz 13. Sumitomo Corp. Also, the seven developers that can bid if they partner with the above 13 prequalified companies. 1. China National Chemical Engineering Company 2. Cobra 3. Dubal Holding 4. Mytilineos Holdings 5. Orascom Construction 6. PowerChina International 7. Shikoku Electric Power Company (Source: MEED)

14 May 2019

RFP on the project is expected to be issued by early June, 2019. (Source: MEED)

03 April 2019

EWEC has received prequalification documents from developers on March 13, 2019. Acwa Power, China National Chemical Engineering, Cobra , Dubal Holding, EDF, Engie , GIC, Itochu, Jera, Kepco, Marubeni, Mitsubishi Corporation, Mitsui & Co, Mytilineos Holdings, Orascom, Posco Energy, Power China International, Siemens, Shikoku Electric Power Company have submitted per-qualification documents amongst others. Also RFP on the project is expected to be issued by April 30, 2019. (Source: MEED)

15 March 2019

EWEC has received prequalification documents from developers on March 13, 2019. The list of qualified companies will be finalised prior to issuing the request for proposals (RFP) . Sojitz Group and Sumitomo Corporation have submitted pre-qualification documents amongst others. We are working on identifying the qualified developer companies. Once we have done this we will list it on the profile. (Source: MEED)

24 February 2019

The client has invited developers to submit pre-qualification documents by March 13, 2019. (Source: MEED)

10 February 2019

The client has received expression of interest from the developers. . (Source: MEED)

30 January 2019

The client has invited developer companies to submit the Expression of Interest (EOI) and the last date for submission is February 10, 2019. . Marubeni, Mitsui, Doosan (EPC), Sumitomo, JGC have shown their interest to submit EOI’s for this project. (Source: MEED)