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Doosan Heavy Industries Wins Power Plant Deal in Dubai
Doosan Heavy Industries & Construction has won a 1.07 trillion
won ($1.13 billion) contract to build a power station in Dubai _
the largest ever power plant project won by a local company
abroad.
Doosan said yesterday that it has signed a memorandum of
understanding (MOU) with the Dubai Electricity and Water
Authority (DEWA) on building a power-generation complex in Jebel
Ali, about 35 kilometers southwest of Dubai.
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The plant will have a
capacity of 1,330 megawatts
and its electricity will be
provided throughout Dubai.
Doosan Heavy, one of the
country’s leading
power-generation
contractors, said it will
complete the construction by
March 2010 in three phases _
engineering, procurement and
construction.
In a statement, company Vice
President Hong Sung-eun
said, ``The fact that we
have won this big order
means the Middle East
recognizes our technology.’’
He added that there is also
the possibility that DEWA
will ask Doosan Heavy to be
in charge of the
construction of a 1,200
megawatt power station at
the end of 2007.
Doosan is the only company
in the world that
specializes in building
large power plants and
desalination plants on a
turnkey basis.
With its know-how, the
company hopes to win mega
projects in the Middle East,
the largest market for
desalination and power
plants.
The archetype of Doosan’s
success is the Fujairah
desalination plant located
on the eastern coast of the
United Arab Emirates. The
plant alone supplies 450,000
tons of fresh water every
day, enough to support some
1.2 million people.
Most of the potable water
produced in the Fujairah
plant travels some 200
kilometers south to the Al
Ain region through a
pipeline, and is used to
water trees, plants and
grass lawns there.
With the construction of the
Palm Island, an artificial
island, and rapid
development of real estate
in Dubai, the demand for
electric power is expected
to increase by 10.6 percent
annually. |
