ArabianBusiness.com - Middle East Business News
Sunday, 08 November 2009 11:24 UAE time

YOUR DIRECTORY /

| Share |

Construction starts on Qatar's largest water, power plant

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 05 May 2009
POWER SURGE: The Ras Girtas Water and Power Plant will also provide off-peak power to its GCC neighbours. (Getty Images)

The founding stone of one of the largest water and power plants to be built in the region was laid on Monday at the $3.9bn Ras Girtas Power and Water Project in Qatar.
   
The project on Ras Laffan will start its first phase of production in 2010 and will be completed in April 201, according to Qatar daily The Peninsula.

It will have a total capacity of 2,730MW of electricity and 63 million gallons per day (MIGD) of potable water that will constitute 30 percent of electricity, and 20 percent of potable water, delivered via the national grid.

Once complete the plant will also provide off-peak electricity to neighbouring GCC countries via a planned regional power grid.


Story continues below
advertisement

Speaking at the groundbreaking ceremony, deputy premier and Minister of Energy and Industry, Abdullah bin Hamad Al Attiyah said: “The project will also enhance the importance and value of the GCC grid connection project by providing additional electricity to the grid outside peak hours.”

The project is a joint venture between Qatar Petroleum (15 percent), Qatar Electricity and Water Company (45 percent), GDF Suez of France (20 percent), Mitsui Corporation of Japan (10 percent), Chubu Corporation of Japan (5 percent) and Shikoku Corporation of Japan (five percent).

Mitsui Corporation of Japan was contracted as the main EPC contractor to build the project, which in turn sub-contracted Hyundai Engineering and Construction Company of Korea, Mitsubishi Heavy Industry of Japan and Sidem of France.

Qatar’s stable financial position and political environment, government support for investment, and availability of legislation and guarantees had contributed to the confidence of local and international banks in financing local projects, such as the Ras Girtas Project, Al Attiyah added.

Careful consideration had been given to minimise and control emissions from the plant to meet international levels and standards, he said, adding that he project would be completed on time, within allocated budgets and with a high level of quality and safety standards.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

more » MIDDLE EAST MARKETS DATA

QEWS.QE

Last Price:

98.40

+0.60+0.61%

8 Nov 2009 07:07 GMT
(Market Open)

RELATED LINKS

  1. Qatar Electricity & Water Company (QEWC)»
  2. Qatar Petroleum»

 EMAIL ALERTS

  1. GDF Suez

  2. Qatar Electricity & Water Company (QEWC)

  3. Qatar Petroleum

  4. Energy


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. The tipping scandal 10
    08 Nov ' 09 at 09:06
    After reading this article I was in a Dubai mall last night having a late supper and asked the waitress when she handed me the card...   More  »
  2. UAE to be among top tourist hubs in 5 years - survey 06
    08 Nov ' 09 at 09:05
    It just boils down to one thing- There are countries who try to market their toursim potential. And there are countires who do not...   More  »
  3. Abu Dhabi to ban all plastic bags in shops by mid-2010 06
    08 Nov ' 09 at 09:44
    In most countries where plastic has been banned, there has been a step back to paper bags at supermarkets used in the same quantities....   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM