Projects worth US $450 million to be announced in RAK
The power tender will be an initial tender to supply 20MW of solar power. A separate tender for the water project will focus on the supply of approximately 22 million gallons of water per day. The projects will be located at various strategic locations in Ras Al Khaimah. It is anticipated that the emirate will require more than 100 million gallons of water in the coming years in view of its strategic location and growing regional demand.A top Utico official said that the opening of the tenders to all companies in the region and beyond would ensure sustainable growth in the emirate as well as to enable other developers and technology providers to participate in such developments in a profitable and sustainable manner. The tenders follow the recent initiative taken by the RAK Sewage Authority for privatising the emirate’s sewerage services. Several international companies participated in the tender. There will also be further tenders worth millions of dollars for transmission and distribution, storage tanks, and pumping stations in the coming months. Major tenders will also be out once the construction of the $550 million clean coal power project gets underway early next year. The project is the first of its kind in the world and once complete will generate in excess 270MW of power. Strict environmental compliance is being attached to this project. TUV Nord of Germany recently completed the Environment Impact Assessment of the project, a key necessity for its construction. Dubai Electricity and Water Authority (DEWA) has also announced a similar clean coal power and carbon capture project of its own, which is set to be the largest such project in the world. A number of companies are vying to lead the project on behalf of DEWA. Further initiatives for water and power are being supported to meet Ras Al Khaimah’s growing demand and its planning needs for up to 2018. The power and water projects have assumed greater significance, given the emirate’s drive to achieve total self-sufficiency and support private initiatives.
More IWPP projects were discussed at length during the 2nd Global IWPP (Independent Water and Power Projects) Summit in Ras Al Khaimah towards the end of November. The summit covered the challenges, issues and opportunities in the independent power and water sector in the Gulf region. The three-day event once again brought together policy makers, top utility leaders, ministries and technology leaders in the business community to share their vision in order to establish the initiatives required for the right solution.
The IWPP Summit is, of course, an important platform to announce critical projects across the region, and this year was obviously no different, following on from several high-profile announcements in 2012, including Utico’s agreement with Shanghai Electric to set up the more than AED 1.5 billion clean coal-fired power plant in Ras Al Khaimah.