Dubai Electricity and Water Authority (Dewa) said its joint venture firm Hassyan Energy Company has awarded a major engineering, procurement and construction (EPC) contract to Harbin Electric International and General Electric (GE) for its ambitious 2,400 MW Hassyan Clean Coal project.
Hassyan Energy Company is a joint venture between Dewa (51 per cent) and Acwa Power Harbin Holding Company (49 per cent).
The signing of the EPC agreement follows the close of the 25-year power purchase agreement (PPA) between Dewa and Saudi-based Acwa Power for the development of Phase One of the Hassyan Clean Coal independent power project (IPP) project.
The EPC agreement pushes forward the development of the project, which will produce 2,400 MW of net electricity using clean coal, stated Saeed Al Tayer, the managing director and chief executive of Dewa.
Phase One of the project, which consists of four units of 600 MW each, will be operational in March 2020,