Source: Khaleej Times

BY HABIB SHAIKH

JEDDAH - The Royal Commission for Jubail and Yanbu has signed a SR12.6 billion contract with a consortium headed by French-Belgian utility company Suez to establish a giant dual purpose Independent Water and Power Plant (IWPP) in the eastern industrial city of Jubail.

According to Prince Saud bin Abdullah bin Thunayyan, chairman of the Royal Commission and Marafiq Company, the plant, the largest in the world, would start production in the second half of 2009. It will supply 800,000 cubic metres of water and 2,700 megawatt electricity daily. "This is the largest IWPP project in the world that will be set up on the basis of build, operate and transfer (BOT) system," Prince Saud said after signing the agreement at the Royal Commission's headquarters in Riyadh recently. The Jubail plant comes under the Power and Water Utilities Company for Jubail and Yanbu (Marafiq).

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Posted by pichu at January 2, 2007 4:47 PM