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FINWIRES

China Energy Engineering Consortium Bags $1.69 Billion Contract for Gas Power Station in Abu Dhabi

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A consortium of three subsidiaries of China Energy Engineering (HKG:3996, SHA:601868) has secured a contract worth $1.69 billion for the Taweelah C combined cycle gas power station in Abu Dhabi, according to a Thursday filing to the bourses.

The consortium, including China Energy International Group Co., China Energy Engineering Group Guangdong Power Engineering, and China Energy Engineering Group Guangdong Electric Power Design Institute, has signed the pact with the project company established by Al Jomaih Energy and Water Company and Sembcorp Taweelah C.

The project involves building a 2,600MW dual-fuel gas power plant, covering design, equipment supply, construction, commissioning, warranty, and maintenance services.

It is expected to be completed in 32 months.

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