The emirate of Sharjah is to get its first independent combined cycle power plant after a deal has been signed with GE and Sumitomo Corporation.
The 1.8 GW plant in Hamriyah is expected to be the most efficient in the Middle East utilities sector.
GE and Sumitomo have reached a public-private partnership for a 25-year power purchase agreement with the Sharjah Electricity and Water Authority (SEWA) to develop, build and operate the plant, which will be equipped with GE’s HA technology, including the world’s largest heavy-duty gas turbine.
The project will consist of three combined cycle blocks, the first of which is expected to come online in May 2021.
SEWA Chairman Dr Rashid Alleem said: “We are committed to strengthen Sharjah’s electricity infrastructure and provide seamless, affordable power. The proposed plant underlines our focus to promote public-private partnerships to drive a robust power production and management plan that is aligned with local energy needs, as well as the optimal utilization of natural resources.”
Under the terms of the deal, an equity consortium will be formed for the project, comprising Sumitomo, GE Capital Energy Financial Services, Shikoku Electric Power Company and Sharjah Asset Management, the investment arm of the Sharjah government of Sharjah.
GE will supply three HA gas turbines, three steam turbines, six generators, three heat recovery steam generators plus turnkey EPC services.