Utilities Portfolio Highlights

Al Rusail Independent Power

Al Rusail Power Station is located 40 km west of Muscat in the Rusail Industrial Park, in the Sultanate of Oman. The power station generates up to 665 MW, consisting of eight Frame 9E gas turbines that were installed in four phases between 1984 and 2000. The plant is designed for simple-cycle operation utilizing natural gas as the primary fuel with distillate fuel oil as backup.

Power generated by the plant is sold to OPWP, the state-owned Omani utility, under a long-term power purchase agreement running to March 2022. In October 2011, SMN Power Holding (the holding company for the Al Rusail Power Station) was successfully listed on the Muscat Stock Exchange.

Barka 2 Independent Water & Power Project

The Barka II Power Plant is located approximately 50km northwest of Muscat, in the Sultanate of Oman. The capacity of the power plant is 678 MW. The project also includes a desalination plant with capacity of 26.4 million gallons of potable water per day. The power plant comprises three V 94.2 dual-fuel gas turbines, three supplementary fired heat recovery steam generators and two condensing steam turbine generators. The water plant utilizes reverse osmosis technology to convert seawater to drinking water.

Full commercial operation of the plant was achieved in November 2009. The power and water generated is sold to OPWP, the state-owned Omani utility, under a long-term power and water purchase agreement ending in 2024. In October 2011, SMN Power Holding (the holding company for the Barka II Power Plant) was successfully listed on the Muscat Stock Exchange.

Shariket Kahraba Hadjret En Nous

Shariket Kahraba Hadjret En Nous project is a 1,227 MW independently owned power plant located in the Wilaya of Tipaza, about 120km west of Algiers. Shariket Kahraba Hadjret En Nous began commercial operations in 2009 and currently represents approximately 20 percent of Algeria’s current total generation capacity.

The plant consists of three power trains, each over 400MW capacity, in a highly-efficient combined-cycle configuration. Each train consists of a GE Frame 9FB gas turbine, condensing steam turbine, and common generator in a single shaft arrangement. A heat recovery boiler with each train utilizes waste heat in the gas turbine exhaust to produce steam for electricity generation in the steam turbine. The plant is designed to run on natural gas with distillate fuel oil as back-up. Power generated is sold to the state-owned Algerian utility, Sonelgaz, under a 20 year gas-to-electricity conversion agreement.

Tabreed (National Central Cooling Company PJSC)

National Central Cooling Company PJSC (Tabreed) is a leading district cooling company based in Abu Dhabi, providing sustainable, energy-efficient, cost-effective and innovative cooling solutions to government, commercial, residential and private organizations in the GCC.

As the partner of choice for major infrastructure projects in the region, Tabreed develops custom-built cooling solutions that meet the unique requirements of its customers. Some of Tabreed’s high profile projects include the Dubai Metro, Abu Dhabi’s Yas Island, Sheikh Zayed Grand Mosque and The Pearl – Qatar.

Established in 1998, Tabreed’s portfolio now includes 59 plants across the United Arab Emirates - 52 wholly-owned and operated by the company and seven operated through its affiliates.Tabreed also has projects in Bahrain, Oman, Qatar and Saudi Arabia.

With nearly 15 years of regional industry experience, Tabreed has successfully designed and deployed pioneering district cooling technology that has enabled it to deliver energy-efficient, cost-effective, and environmentally-friendlier cooling solutions that support the growth of regional economies.

Tabreed is listed on the Dubai Financial Market under the symbol of “Tabreed.”