CAP­TIVE POWER

Five legacy tur­bines at the Jebel Ali site will be put on standby upon com­ple­tion

Utilities Middle East - - CONTENTS -

Mubadala and Dubal Hold­ing have cre­ated a joint ven­ture com­pany to de­velop a power block and wa­ter de­sali­na­tion plant for Dubai’s EGA un­der a 25-year deal worth up to $272mn

The UAE’s most ef­fi­cient power plant will be built in Jebel Ali to cut costs and emis­sions for in­dus­trial heavy­weight Emi­rates Global Alu­minium (EGA).

Mubadala and Dubal Hold­ing cre­ated a joint ven­ture com­pany to de­velop the power block and wa­ter de­sali­na­tion plant for EGA un­der a 25-year deal worth up to $272m (AED1bn). The project will fuel EGA’s smelter in Jebel Ali, Dubai, gen­er­at­ing 600MW of elec­tric­ity.

Five legacy tur­bines at the Jebel Ali site will be put on standby upon com­ple­tion of the project. Siemens has agreed to in­stall the UAE’s first com­bined cy­cle H-class gas tur­bine at the plant.

Plans to build what Siemens called the “most ef­fi­cient power plant in the UAE” were fi­nalised at a sign­ing cer­e­mony at­tended by se­nior gov­ern­ment and busi­ness lead­ers.

Chief ex­ec­u­tive of­fi­cer of EGA, Ab­dulla Kal­ban, who at­tended the cer­e­mony, said the agree­ment would boost en­ergy ef­fi­ciency, cut emis­sions linked to alu­minium smelt­ing, and re­duce the com­pany’s op­er­at­ing costs.

“Bring­ing in our share­hold­ers to in­vest in such power fa­cil­i­ties through a new com­pany makes sense for EGA from a cap­i­tal al­lo­ca­tion per­spec­tive, as we ex­pand our core busi­ness up­stream and in­ter­na­tion­ally,” he added.

Dubal Hold­ing’s chief ex­ec­u­tive of­fi­cer, Ab­dul­nasser

Bin Kal­ban, said the busi­ness wanted to ex­plore power gen­er­a­tion, which made the EGA project an at­trac­tive “in­vest­ment op­por­tu­nity”.

“This project is ex­pected to im­prove the over­all power ef­fi­ciency at Jebel Ali smelter and I look for­ward to fur­ther im­prove­ments in the near fu­ture,” he added.

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