Bloomberg News

Taqa, Marubeni Bid to Build Dubai Power Plant, Offer Lowest Rate

December 12, 2011

Dec. 12 (Bloomberg) -- Abu Dhabi National Energy Co. said it made a joint bid with Marubeni Corp. and SK E&S Co. to build a 1,600 megawatt power and desalination plant in Dubai.

The offer to build the facility and sell power to Dubai Electricity and Water Co., that emirate’s utility, included the lower price for electricity among the offers received, Taqa said in an e-mail today.

To contact the reporter on this story: Anthony DiPaola in Dubai at adipaola@bloomberg.net

To contact the editor responsible for this story: Bruce Stanley at bstanley5@bloomberg.net


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