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Press releases from Suez, 05/16/2003

Al Taweelah A1, a 1,430 MW power and water desalination plant to be inaugurated in Abu Dhabi

 

Tractebel announces the inauguration this Sunday of a new power and water production plant totalling 1,430 MW of electric power and a daily water production of 385,000 cubic meters. The plant is owned by Gulf Total Tractebel Power Company (GTTP) and located in the Emirate of Abu Dhabi, United Arab Emirates.

The project was awarded in 2000 by the Abu Dhabi Water and Electricity Authority (ADWEA) to a consortium held equally by Tractebel and Total, following an international tendering procedure. The consortium owns jointly 40% of the new Al Taweelah A1, the remaining 60% is held by ADWEA.

The 1.5 billion dollar project, including a major extension of the plant, was successfully completed on schedule. This, together with the quality of the partners, will secure the projected revenue for the coming 20 years.

Today the plant is the largest independent power and water project (IPWP) in the region and one of the largest co-generation plants in the world. It will produce water and electricity for Abu Dhabi, representing roughly 25% of the total electricity production and 25% of the total water production of the Emirate.

Taweelah A1 has now halved its original carbon dioxide emissions per kilowatt hour and cut its nitrogen oxide emissions by 90%.

Tractebel is present in the region for more than 15 years. In 1994, Tractebel EGI developed the 270 MW Al Manah power plant in the Sultanate of Oman, the first plant to be built, owned and managed by an independent power producer in the Gulf. Tractebel Engineering was extensively involved in developing the Taweelah site prior the privatisation process launched by the Emirate in 1998; it has now played a major role in the technical supervision of the project.

Dirk Beeuwsaert, CEO of Tractebel’s Electricity and Gas International division : “This project consolidates our presence in a region with strong growth potential in electricity, particularly in combined water and power projects. The region offers an investor-friendly environment characterized by long term power and water purchase contracts within a well-developed legal framework. ”

Tractebel Electricity & Gas International (EGI) is one of the four business lines of SUEZ (NYSE:SZE), a worldwide industrial and services group which provides innovative solutions in Energy – electricity and gas – and Environment – water and waste services.
EGI offers global solutions in energy and services to customers in North America, the southern cone of Latin America, Southeast Asia and the Middle East. It develops, builds and operates energy facilities both in electricity and gas, including liquefied natural gas (LNG). It transports and distributes natural gas and LNG in several countries outside Europe. EGI is also active as a trader around its assets and as a marketer in electricity and gas, and offers energy related services to industrial and commercial customers.
EGI has a strong presence in its markets with a total power capacity* that exceeds 28,000 MW, and a gas transport capacity of 15 billion m3/y. In 2002 EGI sold nearly 69, 000,000 MWh of power, 11.89 billion m3 of gas and more than 60 million tons of steam to industrial and residential customers worldwide.
In 2002 EGI booked a turnover of 3,732 million euros.
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