Siemens wins $400m power plant deal

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Siemens wins $400m power plant deal

Dubai Electricity and Water Authority has agreed a $400m (AED1.47bn) contract with German engineering giant Siemens for the expansion in its M-Station power and desalination plant in Jebel Ali.

The M-Station plant, which DEWA CEO HE Saeed Mohammed Al Tayer described as the newest and largest power and desalination plant in the UAE, cost $2.7bn (AED10bn) to build and was completed in 2013. It currently has a capacity to generate 2,060MW of power and 140m imperial gallons of water per day.

The expansion project, which is being managed by Mott McDonald, will see two new gas turbine generators, two heat recovery steam turbine generators and one back pressure turbine, which will increase its power capacity to 2,700MW and its thermal efficiency rate from 82.4% to 85.8%. The project is being managed by Mott McDonald and is due to complete in April 2018.

“The Jebel Ali power station complex, which includes the M-Station is one of the main pillars that enables Dewa to provide Dubai with a very reliable, efficient and high quality electricity and water supply,” Al Tayer said. “DEWA works tirelessly to enhance its installed capacity, which is currently 9,656 MW of electricity and 470 million imperial gallons of desalinated water per day.

After completing this station, DEWA’s installed capacity will reach 10,356 MW of electricity,” he added.

Source: Construction Week Online

Link: http://tinyurl.com/lmjcpor

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.