Emirates Water and Electricity Company (EWEC) has announced that a consortium led by Abu Dhabi National Energy Company (Taqa) with key members – Saudi group Aljomaih Energy and Water Company and China’s Sembcorp Industries – has secured a major contract for the development of Taweelah C Independent Power Producer (IPP) project, in Abu Dhabi. 

The project, which comprises a 2.6 gigawatt (GW) combined cycle gas turbine (CCGT) plant, is designed to enable the possible utilisation of carbon capture technologies in the future.

Following the contract award, EWEC signed the project’s power purchase agreement (PPA) with the partners, which will run through to 2050. Under the terms of the agreement, EWEC will act as the sole procurer of electricity, purchasing the net electrical energy generated by the plant. 

Taqa continues to strengthen its position as a partner of choice for utility-scale power projects, delivering reliable, sustainable energy while supporting the energy transition and driving profitable growth for our shareholders.

As the local and majority shareholder of the project, Taqa will own a 60 per cent stake, with the international consortium holding 40 per cent.

For the project, Taqa and the consortium will be responsible for the design, finance, construction, operation, and maintenance of the facility under Abu Dhabi’s successful IPP programme.

As per the deal, Taqa will also own a 40 per cent stake in the operations and maintenance (O&M) company, while the international consortium will own 60 per cent.