Located some 300 km northeast of Abu Dhabi, the project is being developed in partnership with Japanese developer Marubeni Corporation.
Under this contract, Samsung C&T will function as the exclusive engineering, procurement and construction (EPC) contractor, thus signalling a bright year ahead for the company in 2020, said the Korean builder.
The construction phase of the project is expected to be completed in April 2023. Once ready, the new plant will power a total of 380,000 homes in the northern region of the UAE, it stated.
Samsung C&T is a major player in the utility sector with an extensive experience in building many power plants throughout the Middle East region.
It is currently working on building a nuclear power plant in the UAE, a metro system in Saudi Arabia’s Riyadh, and a desalination plant in Qatar.
The Korean builder said the Fujairah F3 contract win will further solidify the company’s position as a global EPC player in the region.
Source Link: www.tradearabia.com