Regional News

Samsung in $2.46bn power plant deal

September 2015

Samsung C&T Corp, South Korea’s Number One builder, has won a 2.87-trillion won ($2.46 billion) contract to build a power plant in Qatar.

The contract calls for the construction of a combined thermal power plant with a capacity of 2,520 MW, about 15 km from the Qatari capital Doha, Yonhap news agency said.

The project, also known as Facility D and developed by Umm Al Houl Power, is part of a major integrated water and power project, the biggest in Qatar being built at a cost of $3.15 billion.

The plant at Umm Al Houl, 20 km south of Doha, will also provide 136.5 million gallons per day (gpd) of water, with the first stage set to be finished in 2017 ahead of full operation in 2018.

Umm Al Houl Power is a special-purpose company formed by Qatar Electricity and Water Company (QEWC), Qatar Petroleum (QP), Qatar Foundation (QF) and K1 Energy, a joint venture established by Mitsubishi Corporation (MC) and Tokyo Electric Power Company (Tepco), to develop and sell electricity and water for a period of 25 years following the completion of construction.

Hitachi Zosen Corporation (HZC) has been contracted by Umm Al Houl Power for the construction of the desalination plant. Once completed, the plant will boost Qatar’s production capacity of power and water to 11,000 MW and 535 million gpd, respectively.

More Stories