Namibia: NamPower selects preferred bidder for Kudu GTP plant

NamPower has selected a consortium of Shanghai Electric and Siemens as the preferred bidder to build an 800MW power station at Oranjemund fuelled by gas from the offshore Kudu field. Japan’s Mitsubishi Heavy Industries is the reserve bidder. NamPower shortlisted 15 companies for the combined cycle power plant in July 2013. Speaking at a conference in Windhoek, NamPower managing director Paulinus Shilamba said Standard Bank Namibia had been selected as mandated lead arranger to handle the project financing, with Rand Merchant Bank Namibia as reserve bidder.