Transaction Advisory Service for a 600 MW IPP6
Middle East and North Africa
November 6, 2025NEPCO is developing a 600 MW gas-fired combined cycle power plant to be added to the Jordanian generation fleet and initially engaged K&M to perform technical studies to define the technical parameters of the plant. The study since then was approved, and NEPCO engaged K&M so assist them in organizing competitive bidding for selecting a private investor for developing the project as an IPP under a 25-year Power Purchase Agreement (PPA).
K&M will develop a pre-qualification document and manage the pre-qualification process to select pre-qualified bidders As the next step, K&M will develop a tender document and draft project agreements, including the PPA, Implementation Agreement, Land Lease Agreement, and Water Supply Agreement, and then manage the bidding process, responding on bidders clarification questions and conducting a pre-bid meeting. Upon receipt of the bidders’ proposal, K&M will perform technical and financial bid evaluation, recommend the winning bidder, and then assist NEPCO during negotiations of the project agreements and financial close.


