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Mon 9 Mar 2020 12:48 PM

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GE 'close' to major milestones in Sharjah power plant project

The 1.8 GW-facility will be the first large-scale independent power project in the emirate

GE 'close' to major milestones in Sharjah power plant project

Joseph Anis, GE’s president and CEO for power services in the Middle East and Africa.

Significant progress has been made on the $1 billion Hamriyah Independent Power Project in Sharjah, which is “close” to receiving the equipment necessary to begin operating, according to Joseph Anis, GE’s president and CEO for power services in the Middle East and Africa.

In May 2019, it was announced that funding was secured and construction started on the project, which Tokyo-based Sumitomo Corporation is developing alongside GE Energy Financial Services, Sharjah Asset Management and Japan’s Shikoku Electricity.

The 1.8 GW-facility will be the first large-scale independent power project in the emirate. It has been co-financed by the Japan Bank for International Cooperation and a number of private financial institutions.

Speaking to reporters at a recent press conference, Anis said that “the foundation work is done”.

“We’re about ready to start receiving some of the large equipment of the gas turbine and generators that are going to be coming on the foundations within the coming months,” he said. “We’ll be sure to announce when we’re ready to receive that equipment.”

“It’ll be an exciting milestone,” Anis added. “It’s close.”

In a previous statement, it was announced that Sumitomo, Sharjah Asset Management and GE Energy Financial Services came together to incorporate the Sharjah Hamriyah Independent Power Co (Shipco), which will build, operate and maintain the plant for a 25-year period.

GE technology will be installed for the combined cycle facility and its three cycle blocks – the first of which is slated to come online in May 2021.

The company will also provide long-term maintenance for the plant.

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