Economic Financial & Technical Assessment of Gibe III HPP in Ethiopia

Edition 3:

Jun 19, 2008 (shown)

Edition 2:

Jun 19, 2008

Country:

Ethiopia

Notice/Contract Number:

wb:ec100017732

Publication Date:

Jun 19, 2008

Deadline:

Jul 8, 2008

Buyer:

World Bank Trust Funds

Original Language:

English

Address:

Pankaj Gupta
World Bank
1818 H Street, NW
Washington
United States

Telephone:

+12024736188

Email:

Click here

Web Site:

http://www.worldbank.org/wbgeconsultant

99900000 - Code not assigned

SELECTION OF CONSULTANTS BY THE WORLD BANK

Ethiopia

Economic, Financial and Technical Assessment of the Gibe III Hydroelectric Facility

CONSULTING SERVICES

Expressions of Interest

The World Bank intends to finance the ssignment/services described below. European Investment Bank and African Development Bank are considering cofinancing of the assignment.

At the request of the Government of Ethiopia, the World Bank (WBG), European Investment Bank (EIB) and African Development Bank (AfDB) are considering their support to the 1870 MW Gibe III Hydroelectric Power Project in Ethiopia. The Consultant Report, produced under this Economic, Financial & Technical Assessment (EFTA) would support the World Bank Group’s, EIB’s, and AfDB’s assessment of the Project. The objective of the EFTA is for the Consultant (including firms in consortium) to evaluate and conduct an independent review of the significant (i) economic/financial, and (ii) technical aspects of the Project. The environmental and social due diligence of the Gibe III Hydroelectric Project would be carried out by jointly by the multilateral Banks. This study is expected to be carried out by a consortium of consultants with international experience in large infrastructure projects and with the adequate skills that match the key review parameters:

(a) 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. Thereby the study will also evaluate whether the project, as is envisaged by the owner (EEPCo), is one of the best options among a number of generation alternatives and that costs and design have been optimized. The assessment will also determine the viability of the investment, particularly in terms of financial risk to the prospective lenders to EEPCo and the scope of risk mitigation that may be required by such lenders.

(b) The objective of the Technical Assessment will be to determine whether the goods and works to be procured for the project ensure satisfactory quality and are compatible with the balance of the Project. The assessment shall review the project’s procurement and procedures used to fulfill the Owners and Engineering, Procurement and Construction (EPC) Contractors obligations to cause the project to be carried out diligently and efficiently, and that the goods and works to be procured:
i. are of satisfactory quality and are compatible with the balance of the project;
ii. will be delivered or completed in timely fashion; and
iii. are priced so as not to affect adversely the economic and financial viability of the project.

The consultants would be provided with existing studies regarding proposed technical dimensions of Gibe III HPP and the associated transmission system to enable a timely independent assessment of financial viability of the project.

The World Bank now invites eligible consultants to indicate their interest in providing the services. Interested consultants must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, for similar projects and in sub-Saharan Africa, availability of appropriate skills among staff, etc.). Consultant’s team should be led by energy consultants, and is expected to include economic, financial, and hydropower engineering expertise, and possibly in association with high quality and reputable technical experts. If consultants associate with each other to complement their respective areas of expertise, the form of association should be specified. For joint ventures - in which all partners would be jointly and severally liable for the entire contract - the lead firm should be identified. If the association is to be in the form of a sub-consulting agreement, the firm responsible for the contract should be identified.

Consultants will be selected in accordance with the procedures set out in the World Bank's Guidelines: Selection and Employment of Consultants by World Bank Borrowers May 2004 (rev. October 2006).

This assignment is expected to be initiated as quickly as possible and implemented within 26 weeks.

Interested consultants may obtain further information at the address below. Expressions of interest must be received by electronic mail to the address below by July 8, 2008.

Pankaj Gupta
Task Team Leader
Africa Energy Group (AFTEG)
Tel: (+1) 202-473-6188
Email: pgupta2@worldbank.org
The World Bank
1818 H Street, NW
Washington D.C 20433, USA

Economic Financial & Technical Assessment of Gibe III HPP in Ethiopia

Request For Expressions of Interest

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