Of the 16 companies and consortia that prequalified (Windpower Monthly, November 2007), only France-based GDF Suez and Britain's International Power in partnership with local company Nareva Holding have submitted final bids. Nareva, a subsidiary of the Moroccan industrial, financial and services conglomerate ONA, was a late entry, but serious nonetheless: the company plans to install at least 300 MW of wind capacity by 2012.
Tarfaya is to be undertaken as a build-operate-transfer enterprise with a 20-year power purchase agreement with state utility Office National de l'Electricite (ONE). It must be built in phases of at least 50 MW each, with completion scheduled for 2011. UK-based consultancy Garrad Hassan is acting as technical advisor to ONE, while international bank HSBC together with Morocco's BMCE Capital are providing financial advice. The project is part of the government's Initiative 1000 program, aimed at installing 1 GW of wind power by 2012.