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Dubai Electricity and Water Authority (Dewa) has signed power purchase and shareholder agreements with Saudi firm Acwa Power and Chinese state firm Harbin Electric for a 2.4GW coal-fired power plant, to be developed on a build-own-operate basis using the independent power producer (IPP) investment model.
Dewa will receive electricity from the Hassyan-1 plant over 25 years, with Acwa and Harbin required to secure coal feedstock. Dewa originally intended Hassyan-1 to have 1.2GW capacity: Acwa’s successful bid doubles the originally specified capacity.
Dewa says the 2.4GW plant will comprise four 600MW units. The authority initially said the first two would come online in 2020 and 2021, but now it says the ‘supersized’ 2.4GW plant has “a planned commercial operation date of March 2023.” Dewa adds that a second phase will add a further 1.2GW in two 600MW units. (CONTINUED - 300 WORDS)