A unit of the World Bank seeks expressions of interest from legal consultants and from technical and economic consultants to assist in development of the 750-MW Kafue Gorge Lower hydroelectric project in Zambia. Responses to two separate solicitations are due November 19.
The World Bank’s International Finance Corp. (IFC) is advising Zambia’s Office for Promoting Private Power Investment (OPPPI) on development of Kafue Gorge Lower, which is to be built on the Kafue River through a public-private partnership arrangement. In January, the government reported plans by state power utility Zesco to construct Kafue Gorge Lower in partnership with Sinohydro of China were on track. (HNN 1/12/07)
In the first of two solicitations, IFC said it seeks a specialized legal firm to undertake a legal review to guide OPPPI in development of the project. Work could begin with a due diligence review of the existing legal environment to launch a hydropower independent power producer in Zambia. Based on that work, IFC would advise OPPPI on key issues of a successful transaction.
The legal consultant also would advise during implementation of the transaction, including pre-qualification and final transaction documents.
In the second solicitation, IFC said it seeks specialized engineering, financial, and economic consultant services beginning with a review of existing studies of the project. Based on technical due diligence, market sounding, financial assessment, and risk allocation analyses, IFC would advise OPPPI on key transaction issues.
The engineering, financial, and economic consultants would perform a power market review; a feasibility study, including meteorology, hydrology, geotechnical drilling, dam and facilities design, and transmission capacity studies; a financial analysis; and technical contributions for the implementation of the transaction.
Consultants responding to either solicitation are to have experience in large hydropower projects, familiarity with World Bank policies, and experience in emerging markets preferably in southern Africa.
Expressions of interest in both solicitations are due, preferably by e-mail of no more than 5 MB, by November 19 to the address below. For information, contact Emmanuel Nyirinkindi, Advisory Services – Sub-Saharan Africa, International Finance Corp., 14 Fricker Road, Illovo 2196, P.O. Box 41283, Craighall, 2024, Johannesburg, South Africa; (27) 11-7313068; Fax: (27) 11-2680060; E-mail: email@example.com.