Quarterly Newsletter
Transcription
Quarterly Newsletter
Saudi Tabreed CEO Mr. Abdulhamid Al Mansour www.sauditabreed.com Tel: + 966 3 887 2744, Fax: + 966 3 887 3744, Al Khobar, Saudi Arabia Saudi Tabreed Achieves Financial Closure of SAR 1.84 Billion Project to Provide District Cooling to Saudi Aramco Saudi Tabreed celebrated on May 3rd, 2010, the financial closure of the SAR 1.84 Billion District Cooling Project with Saudi Aramco on BOO basis. The project has been financed by Banque Saudi Fransi and is first of its kind in KSA, being done on a limited recourse project-financing basis. Under the project, Saudi Tabreed shall develop, own and operate a District Cooling System to provide cooling services to Saudi Aramco’s office complex in Dhahran area. Saudi Tabreed shall design, construct, finance, own, operate and maintain a centralized cooling plant and a network to supply chilled water to the Saudi Aramco buildings with a cooling capacity of 27,000 Tons expandable to 32,000 Tones Refrigeration under a 25 Year concession. The agreement between Saudi Aramco and Saudi Tabreed was signed on February 21st, 2010. Commenting in the occasion, Mr. Mohammed Bin Abdullah Abunayyan, Chairman of Saudi Tabreed stated that "This project reflects the keenness of Saudi Aramco to protect the environment. By using a district cooling system, which consumes almost half the electrical energy consumption as compared to that for traditional methods of cooling, and thus would help reducing the greenhouse gas carbon dioxide and its impact on global warming. " Mr. Abunayyan also highlighted that it was of immense pride for Saudi Tabreed to be working on developing the project for an internationally acclaimed company such as Saudi Aramco. He stated that the representatives of Saudi Aramco showed immense professionalism during the discussions and finalization of the Project. This also reflected the keenness of Saudi Aramco towards the participation of the private sector and in the development of current and future projects planned by the company. Saudi Tabreed founded in 2005, is majority owned by the Arabian Company for Water and Power Development (ACWA Holdings), which specializes in development of large infrastructure projects, particularly power and water projects. The other key shareholder of Saudi Tabreed is National Central Cooling Company UAE, "Tabreed", which is the pioneer in development and operations of number of district cooling systems in MENA region. 1 Arabian Company and Sasakura for Water & Power (ACWA POWER SASAKURA) President Dr. Mohammad A. Al Fouzan www.acwasasakura.com Tel: + 966 1 460 8822, Fax: + 966 1 460 8282, Riyadh Water Desalination Conference in the Arab Countries (ARWADEX) Acwa Power Sasakura (APS) participated in ARWADEX in Riyadh from 11th – 14th April, 2010. APS was one of the sponsors of this event which was cooperated by Saline Water Corporation and Saudi Electricity Company. APS chairman, Mr. Hiroshi Miyamura participated in the session as a panelist to make the presentation for “A New Trend In MED Large Scale of Commercial Plants using Tri-Hybrid Configuration”, which is expected to be main stream for desalination process in the future. APS also displayed the presentation panel for “unique technology for Solar Thermal energy seawater desalination plant” in the exhibition, and APS could have a time to explain the system to explain it to H.E. Abdullah A. Al-Husayyen, Minister for Water & Electricity. Through ARWADEX, APS had a good opportunity to show its presence in the market as well as expand our business in the future. ACWA Holding CEO and President Mr. Rasheed Al Rasheed www.acwaholding.com Tel: + 966 1 477 9590, Fax: + 966 1 478 0230, Riyadh New Venture in EPC Projects “Toledo Arabia” ACWA Holding and major reputed investors established a new venture named Toledo Arabia. The new venture will specialize in small and large scale Engineering, Procurement and Construction (EPC) projects. The company’s seeks to generate a noticeable increase in company’s services of the EPC in infrastructure, networking, water treatment, water & sewage networks, power generation, water desalination, electrometrical works, HVAC and District Cooling. Engr. Ibrahim Al Nassar is appointed as CEO of Toledo Arabia and below are the contacts of the company: Tel: + 966 1 293 8010, Fax: + 966 1 288 4214, Mobile: + 966 548 833 440, Email of CEO: [email protected] 2 Acwa Power International CEO and President Mr. Paddy Padmanathan www.acwapi.com Tel: + 966 1 473 4400, Fax: + 966 1 474 9215 Shuqaiq Water & Electricity Company Completes Operational Testing and Begins Commercial Operation of the Water Production Units with a Capacity of 212,000 m3/Day H. E. Dr. Madani A. Alagi, the Chairman of Shuqaiq Water and Electricity Company, announced on Friday May 31st, 2010 the project successfully accomplished its Commercial Operation Date production of the water plant desalination production units with a capacity of 212,000 m3/day of water in accordance with the project timeline. This accomplishment is in-line with the government’s objective of supplying the increasing demand for water in the southern region of the Kingdom as Shuqaiq Water and Electricity Company will mainly supply the Jazan and Asir areas. Shuqaiq Water and Electricity Company stated that the company has accomplished one of its main objectives by completing the commercial production phase of its water desalination units. This is a major step in meeting its objectives of completing all requirements on time and within the set budget. Shuqaiq is an IWPP built in accordance with the Saudi Presidency of Meteorology and Environment standards and regulations as well as World Bank standards and the Kyoto Protocol, in addition to achieving 30 million working hours with no injuries or fatalities. H.E. Dr. Alagi went on to say “The quantity of produced desalinated water will have a positive effect in meeting the high consumption of water during the summer season in the Jazan and Asir areas. In addition, this reconfirms what was mentioned by H.E. Eng. Abdulah Al- Hossein, the Minster of Water and Electricity, in alleviating the problems facing the regions residents in regards to water shortages”. Construction of the project commenced on May 31, 2007 with a timeline of 42 months to complete the project. The company has achieved its target of commencing production of desalinated water at a rate 3 of 212,000 m3 per day. The project will also be able to produce 850MWh of electricity by the end of the year. The full project is cost is SR 7.2 billion (US$1.9 billion) where the water desalination plant is comprised of 16 reverse osmosis units, and the power plant is comprised of 3 turbine units producing 280 MW per unit, 3 boiler units, 3 condenser turbine units, a flow gas desulfurization unit and an electrical substation connecting the plant to the Saudi Electric Company grid. ACWA Power International, led by Chairman Mohammed A. Abunayyan, is the lead developer of the project. This is the fourth of its seven IWPP/IPP/IWSP projects in the Kingdom. Once all the projects are completed a total full production capacity of 2.3 million cubic meters per day and 6,200 MWh of electricity will be available. The seven projects are spread across the eastern, western and southern regions of the kingdom. Mohammed A. Abunayyan stated " Shauqaiq company’s accomplishments in achieving commercial production of the water desalination plant within the contracted time limit is a strong indicator of the success of the governments partnerships with the private sector (Public Private Partnership) under the umbrella of its Water and Power privatization program. Also, I would like to express my admiration of the efforts put forth by the plant team and staff to reach this level of continued accomplishment in reaching the commercial production stage.” Eng. Abdul Aziz Al-Mahdi, the CEO of Shuqaiq Water and Electricity Company ,said "We look forward to the project reaching full commercial production by the end of 2010 thus achieving its objectives of providing power and water to the public. This achievement will validate the success of public private partnerships in vital industries, creating job opportunities, opening new investment channels for local funds and attracting foreign investment. " Shuqaiq Water and Electricity Company affirms that the full commercial production will be completed during the last quarter of 2010 which means the company met the deadline it contractually committed to when signing the contract for the project. Also, the Board of Directors holds regular meetings, the latest being on Monday, to monitor the projects progress. ACWA Power International Collects well deserved international awards ACWA Power international has started its professional path in year 2005, to now be able to competently compete with major international companies in the industry of water desalination and power generation, and distinguish its professional name with receiving highly prestigious award in ceremony was held in Dubai on March 9th, 2010 by ( Project Finance International ) and ( Euromoney ). ACWA Power International was recognized as the best Middle East Sponsor of the year 2009 and the Best Middle East Power deal of the year 2009 was given to RABEC which ACWA Power International considered and major shareholder and partner founder in it. It is worth mentioning that ACWA Power International claimed approximately ten awards of authoritative reference in the development of desalination projects and power generation since its inception, to put it in the ranks of prestigious companies and superior and highlights of its name 4 internationally to compete on several mega projects in Saudi Arabia and abroad , and was recently awarded the contract acquisition was Barka 1 project in the Sultanate of Oman to become the first step for getting contracts for investment outside the Saudi market and put into South and North Africa, Turkey and Morocco as a target will be achieved in the future. ACWA Power International has been founded with a capital of nearly one billion US dollars by several distinguished Saudi investors, to be a closed joint stock company, with goal of competition and investment in development and build and own water desalination and power generation projects, both in the Saudi market or international markets and attract external capitals to make distinct and strong partnerships enable them to overcome many difficulties including the collapse of global markets since about a year and a half and complete the process of success without interruptions. As highlighted point, ACWA Power International is having in its investment portfolio the fact of being founding partner of the two largest water desalination and electricity generation plants in the world and which are based in Saudi Arabia one of them is SWEC in Shuaibah and the other one is JWAP in Jubail. On this occasion, the Director of Corporate Communications in ACWA power International, Hani Al Saigh said, "Our success in obtaining this award is not only a measure of the company Featuring and start strong in investment, but rather a clear indication that the company has set itself a goal that would harness the power of its all professional and technical efforts to achieve it." He added that "the aspirations of the company are beyond being a company that invests in technologies for power generation and water desalination, but also supports the science of developing these technologies and the research for the new in this area, where the company has signed the necessary agreements to support the research chair of water desalination in the King Saud University, and also the University of King Abdullah ( KAUST ) , and also the operating agreement with TVTC for polytechnic college in Rabigh " What supports the maturity of the awards is the fact of caring of major initiatives, conferences and international specialized exhibitions in the field of water and electricity, of which the Saudi water and power forum in Jeddah, which is held every year since the last five years, also GWI conferences in various countries around the world. 5 Industrial Cities Development and Operation Company (ICDOC) MD Eng. Mofag Al-Sugeir www.icdoc.net Tel: + 966 1 477 9111, Fax: + 966 1 291 8675, Riyadh, Saudi Arabia ICDOC Sponsors the Annual MODON Marathon ICDOC sponsored the annual Modon Marathon 2010 in Jeddah industrial city which was organized by Saudi Industrial Property Authority (MODON), Saudi Arabian Athletic Federation, Saudi Red Crescent, and General Presidency of Youth Welfare. 300 participants competed in the race from factories and companies in the industrial cities and the marathon was refereed by General Presidency of Youth Welfare. The race was open for factories participated in the marathon with any number of groups for the 3000 Meter race. The deputy Minister of Trade and Industries and MODON Director General Dr. Tawfig Alrabiah applauded ICDOC sponsorship and organization of the social and athletic activities in the industrial cities to build an excellent environment that fulfills the human and social needs for employees. Miahona MD Prof. Walid Abdulrahman www.miahona.com Tel: + 966 1 477 9590, Fax: + 966 1 478 0230, Riyadh Miahona MD elected to Board of Arab Water Council Prof. Walid Abderrahman was elected to the Governing Board of Arab Water Council for a period of 3 years. Additionally, Prof. Walid is also a member of the Executive Committee. Arab Water Council which is based in Egypt was formed to promote better understanding and management of the water resources in the Arab States in a multi-disciplinary, non-political, professional and scientific manner. Additionally, the objective is to disseminate knowledge, enhance sharing of experience and information for the rational and comprehensive water resources development of the region for the benefit of its inhabitants. 6 Miahona MD elected to Governing Board of Arab Water Academy Prof. Walid Abderrahman was appointed to the First Governing Board of Arab Water Academy for a period of 3 years. Arab Water Academy which is based in Abu Dhabi was formed in July 2009 was initiated by Arab Water Council and is supported by Environment Agency-Abu Dhabi (EAD) in partnership with the International Center for Biosaline Agriculture (ICBA). Arab Water Academy specializes in providing leadership training for decision makers in Water sector. In addition Arab Water Academy undertakes non-conventional training in Water policy and Strategies, Integrated Water Resources Management (IWRM), National Water Planning, Water Rights, Conflict Resolution etc. In addition, Arab Water Academy in collaboration with several partners in the region and at international levels, extends support to PhD students interested in addressing and studying the institutional, social, and economic/financial and policy dimensions of water management. CDM Arabia Conducts Total Water Solutions workshop for the Ministry of Water and Electricity CDM Arabia conducted a special one day Total Water Solutions Workshop by nine leading CDM experts from U.S.A to present the advanced technical know-how to the specialists of Ministry of Water and Electricity on 29th March 2010. These experts included: Dr. Donald Thompson, Dr. David Parry, Mr. Robert Schreiber, Mr. Stephen Lienhart, Mr. David Brauner, Mr. William Taylor, Mr. W. Kirk Martin, Mr. Aaron Frantz, and Mr. Gerald Benson. The Workshop was attended by Dr. Mohammed AlSaud, Deputy Minister in addition to more than 40 water specialists & engineers from different regions of the Kingdom. Total Water Solutions workshop presented the following topics: Aquifer Storage and Recovery (ASR) and its potential in Saudi Arabia, Groundwater Development, discussion of dam design, construction and O&M of Dams, well inventory, and advanced techniques in Storm water management and early warning systems etc. Each lecture was followed by discussions on the topic with the engineers of MOWE. Attendance certificates were distributed by CDM University to all the attendees. 7 CDM Arabia Conducts Flood control workshop for Saudi Council of Engineers in Jeddah CDM Arabia flood control expert team was invited by the Saudi Council of Engineers to deliver a special workshop on Flood Control for Saudi Engineers from different regions in the Kingdom. The workshop was conducted in Jeddah on March 27 2010 was attended by top officials and engineers of Jeddah Municipality and other municipalities in addition to many experts from Saudi Council of Engineers. The workshop included the following topics: Storm water Management, Flood Control and Emergency Preparedness for the City of Jeddah Advanced Techniques in Storm water Planning and Management Early Warning Systems Emergency Preparedness Governmental Response Hazard Mitigation Miahona and Seven Trent Services International Particapted in the 6th Saudi International Water and Power Generation Conference Miahona and Seven Trent Services International (STSI) particapted in the 6th Saudi International Water and Power Generation Conference held at Dhahran International exhibition Center between June 6th and 8th, 2010. STSI and Miahona are jointly prequalified for nGreater Dammam Water management Contract. Prof. Walid particapted in the panel discussion and presented his views on meeting future water demand in the kingdom. Speakers and attendees agreed that charging for water will create awareness, and will bring in huge revenues. Mr. Lloyd Martin, Regional Director, Seven Trent Services also particpated in the panel discssuion. Mr. Patrick Egan, Project Manager, Seven Trent Services presented a techincal paper on “Innovative Methods for Managing Water Loss and Reducing Water Demand” which was well recdeived by the audience. 8 Integrated Transportation Company (ITC) CEO & President Dr. Faisal Al Sugair Tel: + 966 1 479 0808, Fax: + 966 1 479 1818, Riyadh, Saudi Arabia ITC Qualified for MADINAH AIRPORT PPP PROJECT The Government of the Kingdom of Saudi Arabia through its General Authority of Civil Aviation (GACA) has plans to execute a Public-Private Partnership ("PPP") project for the Development, Rehabilitation and Expansion of of Prince Mohammad Bin Abdulaziz International Airport (Madinah Airport), (the Project). Integrated Transportation Company (ITC) is leading “BADR CONSORTIUM “, comprising of : Integrated Transportation Company (ITC); Samsung C&T Corporation (SCT); Incheon International Airport Corporation (IIAC); Central Japan International Airport Company, Limited (CJIAC), to submit the required prequalification documents. On the 25th of June 2010, ITC received official confirmation from GACA that BADR Consortium has been designated a “Qualified Bidder” for the Project. Eight consortiums have been qualified and GACA is expected to issue the RFP soon. GACA further aims that qualified Consortiums will submit their proposals in 5 months after release of RFP. Kintetsu World Express Saudi Arabia (KWE SA) ITC with its JV partners created Kintetsu World Express Saudi Arabia (KWE SA). KWE is one of the top freight forwarding companies in the World with JVs in almost every country The Company is headquartered in Riyadh with branches in Jeddah and Khobar. The Company is in the process of hiring high caliber employees and subsequently will be conducting specialized KWE training for them in order to prepare them to serve the market with the high level of KWE high quality of service. KWE SA is aiming to focus on providing high quality service to the business community in Saudi Arabia and is committed to delivering the best value for money. 9 Arabian Company for Water Pipes Industries (ACWAPIPE) CEO Engr. Suliman Al Dakheel www.acwapipe.com Tel: + 966 1 293 3979, Fax: + 966 1 293 3272 ACWAPIPE started production of diameter 3800mm for Rabigh Power Plant ACWAPIPE started production of GRP pipes in diameter 3800 mm and delivered to the project worth 17 million riyals (about 4.5 million dollars) for the Rabigh Power Plant of the Saudi Electricity Company located in the industrial area of Rabigh north of Jeddah to prove the beginning of its launch and higher levels of challenge in the piping systems. The total energy production of Rabigh Power Plant when completed will be over 1200 mega watts per day support consumption in the Western Region in general. ACWAPIPE Company is headquartered in Riyadh as a national company specializing in the manufacture of piping systems for various applications using the latest technology and advanced production lines, according to international standards adopted in high quality. In order to provide the best solutions for the development of infrastructure projects and to meet the requirements of industrial sectors and the needs of domestic energy markets and regional & international pipeline. ACWAPIPE obtained the ISO Certification (ISO 9001-2008) ACWAPIPE obtained the ISO Certification (ISO 9001-2008) in Total Quality Management System after passing all the requirements of quality standards according to global manufacturing specification. The ISO certification is the most important international certificates which confirm the continued development of activities and services of the application of the principles of quality management as reflected in the performance of the company and making it among the best companies in the pipe manufacturing industry of local and global. 10 Arabian Pipeline Projects Company (APPCO) GM Eng. Nabil Al Madani Tel: + 966 1 419 8484, Fax: + 966 1 419 8627, Riyadh, Saudi Arabia APPCO participated in the Water Desalination Conference in the Arab Countries ARWADEX 2010 Arabian Pipeline Projects Company after winning 2 projects had participated in ARWADEX 2010 for water desalination Conference in the Arab countries. The exhibition was held from 11th – 14th April, 2010 in Riyadh under the High Patronage of the Custodian of the Two Holy Mosques. The ARWADEX 2010 Exhibition witnessed participation of the Arab regions leading organizations in Water Industry. Minister of Water and Electricity Eng. Abdullah Bin Abdur Rahman Al Husain visited APPCO’s booth and praised our contribution to the development of Saudi Arabia in the field of Water Transmission and Supply. He was in particular interested to note our planning in the execution of the projects awarded. 11