Tabreed wins Aramco district cooling contract
Riyadh, February 22, 2010
Saudi Tabreed has signed an agreement to develop and operate a district cooling system to cool all the buildings of Saudi Aramco in the Dhahran area.
Under the agreement, Saudi Tabreed will design, construct, finance, own, operate and maintain a centralised cooling plant and a network to supply chilled water to the Saudi Aramco buildings with a cooling capacity of 27,000 tons refrigeration.
The agreement is for a 23-year term.
'This project reflects the keenness of Saudi Aramco to be environment-friendly, by using a district cooling system, which consumes half the electrical energy as compared to that for traditional methods of cooling,' said Mohammed bin Abdullah Abunayyan, chairman of the board of directors of Saudi Tabreed.
Nabeel Abdullah Al-Jama, executive director for Community Services, Saudi Aramco, mentioned that this deal emphasis Saudi Aramco's concern with regard to energy conservation as well as giving a chance to the private sector to invest and work in Saudi Aramco projects which will reflect positively on the national economy.
District Cooling basically is generating chilled water from one or multiple sources and distributing to cluster of buildings in the same district using pre-insulated pipe network.-TradeArabia News Service
More Construction & Real Estate Stories
- India property group eyes Dubai market
- Kuwaiti real estate sales soar to $886m
- Emaar unveils first big project at Expo 2020 site
- EMart nets $20m from online auction
- Qatar Railways awards $32bn in contracts
- Top regional firms at Cityscape Riyadh
- Habtoor Leighton wins $395m Dubai tower deal
- Bahrain to scrap asphalt subsidies
- UAE bids to host 2018 tunnelling congress
- Bin Faqeeh top sponsor of Gulf Property Show