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FinancialNews
31-01-19
Combined cycle power plant to be set up in UAE's Sharjah
(MENAFN) UAE's Sharjah will see the establishment of a combined cycle power plant in Hamriyah under a project GE and Sumitomo Corporation will launch.
A 1.8 GW cycle power plant will be constructed and run by the American and Japanese firms which signed a 25-year deal with the Sharjah Electricity and Water Authority (SEWA).
Under the project, three combined cycle blocks will be provided and are forecast to be operational by May 2021.
"We are committed to strengthen Sharjah's electricity infrastructure and provide seamless, affordable power," stated SEWA chairman Dr Rashid Alleem.
"The proposed plant underlines our focus to promote public-private partnerships to drive a robust power production and management plan that is aligned with local energy needs," Alleem added.
MENAFN3101201900450000ID1098050867
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