The call for expressions of interest issued by the Government for the new power station explains the scheme devised to ensure the two-year timeline is kept.

According to the unpublished document, the Government will set up a “special purpose company” that will apply for the planning and environmental permits before the chosen bidder is awarded the contract.

The successful bidder will then take over the special purpose company and start building the necessary infrastructure.

At that point, it will be required to make a payment to Enemalta for the work undertaken, which will be specified to the bidders at the next stage of the process.

The special purpose company would provide and own all the site studies that will be distributed to bidders in the second stage of the process, the request for proposals.

Full story in The Times.

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