The World Bank has revised a request for expressions of interest from consultants to perform an economic, financial, and technical assessment of the 1,870-MW Gilgel Gibe 3 hydroelectric project in Ethiopia. Responses now are due July 8.
The bank reissued the solicitation, specifying that it seeks consultants to determine whether Gilgel Gibe 3, under construction on Ethiopia’s Omo River, is the best option among a number of generation alternatives and whether costs and design have been optimized. (HNN 6/19/08)
The government of Ethiopia asked the World Bank, European Investment Bank, and African Development Bank to consider funding the project. The World Bank seeks the independent assessment to support the banks’ decision making.
“The objective of the economic and financial assessment will be to determine the economic and financial feasibility and viability of the project, and analyze whether the economic and financial benefits from the project are worth the investment,” the World Bank said.
The objective of the technical assessment is to determine whether goods and works to be procured ensure satisfactory quality and are compatible with the balance of the project.
The assignment is to be initiated as soon as possible and implemented within 26 weeks.
Ethiopian Electric Power Corp. (EEPCo) previously awarded an engineering-procurement-construction contract for Gilgel Gibe 3 to Salini Costruttori SpA of Italy. It recently took bids to supply electro-mechanical equipment and also called for bids to construct transmission lines. (HNN 6/5/08)
Expressions of interest and qualifications are due by July 8 by electronic mail to the address below. For information, contact Pankaj Gupta, Task Team Leader, Africa Energy Group (AFTEG), World Bank, 1818 H St., N.W., Washington, DC 20433 USA; (1) 202-473-6188; E-mail: email@example.com.