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Hassyan Energy Phase 1 PSC

Hassyan Energy Phase 1 PSC

OVERVIEW

Hassyan clean coal power plant is the first clean coal fired power plant in the GCC region. The plant, which will use the Ultra Supercritical Technology, is designed to be “best in class” in terms of efficiency thus minimizing fuel consumption and fuel gas emissions and will adhere to the most stringent environmental impact mitigation standards ever adopted for a coal fired power plant.

The plant, which is to be constructed at a very complex site within sight of the World Expo 2020 venue at this ultramodern urban metropolis of Dubai, comprises 4 units each of GE/Alstom 600 MW gross of ultra-super critical boilers, steam turbines and generatorsThe project also includes an offshore floating coal handling facility plus barges for transhipment of coal , an onshore jetty for both Coal and ash , an onshore coal bulk handling facility together with 45 days coal storage facility , storage facilities to be covered to control dust and a complex intake, aoutfall system for seawater cooling, and a gas insulated switchgear power evacuation facility.

The specification also requires the plant to be constructed carbon capture ready; meaning that the installation of carbon capture equipment in the future should be without the need for any modification to the plant or hinder the plant availability.

This project is an anchor of the Emirate of Dubai’s Integrated Energy Strategy 2030 for ensuring security of energy supply albeit at a cost competitive basis reducing dependence on entirely imported natural gas by diversifying the fuel mix in power generation.

KEY FACTS

  • LOCATION

    Dubai, UAE

  • OFFTAKER

    DEWA

  • POWER

    2,400 MW

  • FUEL

    Coal

  • PROJECT COST

    USD 3,237 Mn

  • COMMERCIAL OPERATIONAL DATE

    Q1 2023

  • ACWA POWER SHARE

    26.95%

  • OFFTAKE CONTRACT

    PPA-BOO 25 years

  • O&M

    NOMAC

  • OTHER INVESTORS

    DEWA (51%), HEI (14.7%) & Silk Road Fund (7.35%)

  • EPC

    GE and Harbin Electric International Company Ltd (HEI)

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