Consortium awarded €600m waste-to-energy project in Malta
16 October 2023
The French waste management specialist Paprec, in collaboration with the Maltese construction firm Bonnici Bros, has been selected to build and operate of a waste-to-energy plant in Magħtab, Malta.
The Paprec Energies International-BBL Malta consortium was awarded the €600 million contract by WasteServ, the Maltese waste management authority, and will oversee the plant’s operations for a 20-year period.
The waste-to-energy facility is projected to process 192,000 tonnes of non-recyclable waste annually, with the primary goal of converting the waste into green energy.
Competitive bidding process
WasteServ said it had made the decision to select the Parrec consortium following receipt of three compliant bids, submitted by what it called well-established international consortia in the waste-to-energy sector.
The competing consortia were Hitachi Zosen Inova AG – Terna SA, FCC Medioambiente Internacional SLU, and Paprec.
WasteServ said Paprec Energies’ bid stood out for its competitive pricing, submitting the lowest offer at €600 million.
Hitachi Zosen Inova presented the highest bid at €984 million, while FCC Medioambiente’s proposal fell in between at €616 million. Notably, Paprec’s initial quote had been slightly higher at €617 million, but the final offer secured the contract.
WasteServ said it now anticipates having two further significant tenders in progress by the time work commences on-site, one pertaining to an EU-funded organic processing plant; the other focusing on a skip management facility.