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Sebastien Arbola, CEO of ENGIE Middle East, South & Central Asia, and Turkey, said, Meeting the growing demand for electricity and water in the region, the Mirfa project is the tenth IWPP to be delivered in Abu Dhabi and the sixth ENGIE development project in the United Arab Emirates.
As Kuwait's first IWPP, al-Zour North was been a test case of the willingness of the private sector to back projects in this emirate.
The last project to come on line, Ras Laffan C, was an IWPP owned by QEWC and QP (60%) and an Engie-led consortium (40%) -- operating under a 25-year power purchase agreement.
The Kuwait Authority for Private Partnerships (KAPP), which is the authority tasked with governing Kuwait's PPP and IWPP projects, has introduced a pipeline of large infrastructure projects to be carried out through the PPP/IWPP regimes, including, the Az Zour North Phase II IWPP, Umm Al Hayman Waste Water Project, Al Khairan IWPP, Al Abdaliyah Integrated Solar Combined Cycle Project, Kabd Municipal Solid Waste Treatment Facility and the Kuwait Metropolitan Rapid Transit System.
Abu Dhabi's IWPP programme is well respected and now attracts multiple international bidders for new projects as well as typically being oversubscribed in debt markets which have been used to fund over Dh47 billion of project cost at highly competitive rates.
5 billion) financing package for the emirate's tenth IWPP in Mirfa in the Western Region.
Financing a government-backed IWPP in Oman or Saudi Arabia is relatively easy, as local banks in these countries have a lot of liquidity and investors trust their track record of successful IWPPs," he added.
Currently, Abu Dhabi produces some 9,000-plus MW of power from its eight IWPPs, most of which is consumed within the emirate and about 22 per cent exported to the northern emirates, according to latest Adwea statistics.
has announced that the Shuweihat S2 IWPP project in Abu Dhabi has achieved Project Commercial Operation Date effective 18 October 2011.
The Sembcorp Salalah IWPP is a 445 Megawatt, 15 Million Imperial Gallons per Day (MIGD) combined cycle gas turbine power and water desalination plant located in the southern region of Salalah.
The IWPP will include a 25 million-gallon-a-day reverse osmosis desalination plant.
GE has played a key role in supplying innovative technology to key regional IWPP projects in Oman, Bahrain, UAE and Saudi's Marafiq, the world's largest IWPP.