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U96 Sembcorp Industries News Story

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Brief: Emirates Water And Electricity Awards Taweelah C Power Project To TAQA And Global Consortium

BRIEF-Emirates Water And Electricity Awards Taweelah C Power Project To TAQA And Global Consortium

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  • Emirates Water and Electricity Company (EWEC) announces award of Taweelah C Independent Power Producer (IPP) project, in Abu Dhabi

  • The project has been awarded to TAQA alongside an international consortium comprising Aljomaih Energy and Water Company and Sembcorp Industries

  • Following the award, EWEC signed the project’s Power Purchase Agreement (PPA) with the partners, which will run through to 2050

  • Under the terms of the PPA, EWEC will act as sole procurer of electricity, purchasing the net electrical energy generated by plant

  • TAQA, the local and majority shareholder of the project, will own a 60% stake, with the international consortium holding 40%

  • TAQA will also own a 40% stake in the operations and maintenance (O&M) company, while the international consortium will own 60%

  • TAQA and the consortium will be responsible for the design, finance, construction, operation, and maintenance of the facility under Abu Dhabi’s successful IPP programme


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