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Monday, 09 November 2009 01:52 UAE time

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Qatar signs $3.8bn power deals

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 12 May 2008
POWER DEALS: A $3.8bn desalination and power plant will be part-owned by Japense and French companies. (AFP)

Qatar on Sunday signed a series of deals to build a $3.8 billion desalination and power plant part-owned by Japanese and French firms, a statement said.

The facility will be completed in 2011 and will be owned and operated by Ras Girtas Power Company, the statement from the Qatar General Electricity and Water Corporation, which will purchase the power and water from the plant, said.

The Ras Girtas Power Company is jointly owned by the Qatar Electricity and Water Company (45%), a consortium of Japan's Mitsui and France's Suez Energy International (40%) and Qatar Petroleum (15%).

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The plant will have eight gas turbine generators, eight heat recovery steam generators, four steam turbine generators and 10 desalination units.

Officials from Qatar and the companies involved in the project signed deals to build the facility at a cost of 14 billion Qatari rials ($3.8 billion).

Mitsui is the main contractor for the plant, which will produce 2,730 megawatts of electricity per hour and will have a capacity of 286 million litres a day.

This will give the Gulf Arab state, currently in the midst of a construction boom, a total power generating capacity of 9,000 megawatts and a desalination capacity of more than 1.4 billion litres per day.

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