TAQA, Marubeni to develop water and power project for Saudi Aramco

Abu Dhabi National Energy Company (TAQA), and Marubeni Corporation (Marubeni), will develop a greenfield cogeneration power and water desalination project in Saudi Arabia with a net capacity of 940 megawatts (MW) of power generation. 

The Tanajib Cogeneration and Desalination Project will have 1,084 tons per hour of steam and 5.25 million imperial gallons per day (MIGD) of desalinated water gross capacity (net capacity: 4.3 MIGD). The aim is to supply electricity, steam and desalinated water to Saudi Aramco’s nearby oil and gas facilities. 

“The Tanajib facility will utilize TAQA’s expertise in delivering efficient power and water projects, as well as further strengthening our capabilities in operations and maintenance through a 40% stake in the O&M company,” said Farid Al Awlaqi, TAQA Group’s Executive Director of Generation. 

The companies said that a special-purpose vehicle has been created to develop the plants with TAQA and Marubeni holding a 60 percent stake and Saudi Aramco with 40 percent. 

TAQA and Marubeni will operate the plants for 20 years on a build, own, operate, and transfer basis.