K&M was engaged to do the technical and financial due diligence in preparation of the bid for the 800 MW Adapazari IPP project. The Adapazari project has 2 X 1 configuration with 2 X 260 MW gas turbines and one 280 MW steam turbine. K&M’s due diligence work included: evaluation of the technical parameters of the facility, its engineering, design, procurement and construction costs, its startup and operating costs, construction schedule, tariff rates, capital and operating costs, environmental issues, financing, and other items.