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Tabreed, Masdar sign district cooling plant deal

UAE, December 26, 2017

National Central Cooling Company (Tabreed), a leading regional UAE-based district cooling utility company and Abu Dhabi’s renewable energy company, Masdar, have signed a service agreement to operate Masdar’s first district cooling plant.

Under the three-year contract, Tabreed will manage the district cooling plant on behalf of Masdar, providing expertise as well as operations and maintenance services, including regular maintenance of onsite equipment, water pumps and other related services through ongoing monitoring, diagnostic and planned maintenance work.

The Masdar district cooling plant is state-of-the-art and showcases the smart energy system of the district. It is part of Masdar City’s first phase, slated to provide the first 6,000 RT of the 94,000 RTs planned for the area, said a statement.

Mohamed Jameel Al Ramahi CEO of Masdar, said: “Selecting the right partner to support for the operations and maintenance of our first district cooling plant was key.”

“The plant is a central part of the smart energy system we are building at Masdar. With their technical capability and successful track record, we trust Tabreed to provide us with the highest level of quality services and expertise to meet our operational efficiency targets,” he said.

Jasim Thabet, Tabreed’s CEO, said: “We are delighted to be working with Masdar to support their district cooling and sustainability needs.”

“This agreement is testament to our operations and maintenance capabilities garnered across 72 plants in the region over the last 20 years, with industry leading approaches bringing innovative operations and management solutions to the sector,” he said.

“It also demonstrates the confidence of game-changing energy players such as Masdar in selecting us for long-term partnership arrangements,” he added.

Tabreed is a partner of choice for organisations across the GCC in providing environmentally friendly district cooling solutions. With 72 district cooling plants located throughout the region, Tabreed currently delivers over 1 million refrigeration tonnes to key developments in the region including iconic infrastructure projects such as Abu Dhabi’s Al Maryah Island, Yas Island, Sheikh Zayed Grand Mosque, Dubai Metro, Dubai Parks and Resorts, and the Jabal Omar Development in the Holy City of Mecca, Kingdom of Saudi Arabia.

Masdar is Abu Dhabi’s renewable energy company which works to advance the development, commercialisation and deployment of clean energy technologies and solutions.

The company serves as a link between today’s fossil fuel economy and the energy economy of the future. Wholly owned by the Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, Masdar is dedicated to the Emirates’ long-term vision for the future of energy and water, it stated. – TradeArabia News Service




Tags: | Tabreed | Masdar | deal | cooling | plant | District |

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