Sumitomo Corporation, Japan and Shikoku Electric Power Co.,Inc. Japan, alongside Korea Southern Power Co., Ltd. (“KOSPO”) and Korea Overseas Infrastructure & Urban Development Corporation (“KIND”) have jointly won the rights to the Facility E independent water and power project through an international tender organized by Qatar General Electricity and Water Corporation (“Kahramaa”).
Sumitomo Corporation, representing the four companies, has signed a long-term power and water sale agreement with Kahramaa. The four companies will jointly establish a project company with Qatar Electricity and Water Company (QEWC) and Qatar Energy (QE). The equity distribution will be as follows: Sumitomo Corporation: 17%, Shikoku Electric: 11%, KOSPO: 6%, KIND: 6%, QEWC: 55% and QE: 5%.
The project involves the construction and operation of a natural gas-fired power plant (2,400 MW) and a seawater desalination facility (110 MIGD*2 (495,000 tons/day)) on the site of an old power plant located approximately 25 kilometers south of Doha, Qatar’s capital, in the Ras Abu Fontas area.
Compared to existing gas-fired power plants, the new plant will employ high-efficiency gas turbines that consume less gas and emit lower levels of CO2 and other pollutants, contributing to stable energy supplies and decarbonization efforts in Qatar. In the future, the Government of Qatar and the project company will explore new plans for Carbon Capture and Storage (CSS) to further reduce CO2 emissions.
This marks the second collaboration between Sumitomo Corporation and Shikoku Electric for an overseas project, following the Hamriyah Independent Power Project in Sharjah, UAE. For Sumitomo Corporation, this is the first power project in Qatar, while for Shikoku Electric, it is the second, following the Ras Laffan C Water and Power Project.
Sumitomo Corporation has previously managed private-sector independent power projects (IPP) and independent water and power projects (IWPP) in the Middle East, including Kuwait and the UAE, and has expertise in maintenance and operations. Through this project, Sumitomo Corporation will contribute to the stable supply of electricity and water in Qatar.
This will be the sixth IPP／IWPP project in the Middle East for Shikoku Electric, which will leverage its technology and knowledge gained from previous domestic and international projects to ensure the smooth running of the project.
Both Sumitomo Corporation and Shikoku Electric will continue to actively engage in power generation projects in countries with growing electricity demand, thereby contributing to economic development and the realization of low-carbon societies in these countries.
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