China Energy Engineering Co. (CEE) has signed a $1.69 billion (AED 6.2 billion) contract to carry out engineering, procurement and construction (EPC) work for a gas-fired combined cycle power plant project in Abu Dhabi, according to an official disclosure published on the Shanghai Stock Exchange.
The winning consortium includes three subsidiaries of the Chinese group, where the contract was signed with the project company, which was founded by the winning developers, namely Saudi Arabia's Aljomaih Power and Water Company and Singapore's Sembcorp Long Sea.
The project aims to establish a dual-fuel plant with a net production capacity of 2600 MW, supporting plans to expand power generation capacity in the Emirate of Abu Dhabi, under the supervision of the Emirates Water and Electricity Company (EWEC).
According to the data, the construction work will take 32 months, as part of one of the emirate's most prominent energy infrastructure projects, and reflects continued investments in enhancing energy security and meeting the growing demand for electricity.
The project is part of Abu Dhabi's drive to enhance the energy mix by relying on high-efficiency, combined-cycle plants, to increase production efficiency and reduce emissions compared to conventional power plants, as well as support the long-term stability of the electric grid.
The entry of a consortium of regional and international companies into the implementation of the project reflects the continued attractiveness of the UAE's energy sector for global investments, especially in projects related to infrastructure expansion and modernization of the electricity system.