National Central Cooling Company PJSC (Tabreed), the leading UAE-based international cooling provider, has been awarded a contract to build, own, operate and transfer a district cooling (DC) system in Amaravati – the future capital of Andhra Pradesh, India.
Tabreed recently signed a 30 year concession with Andhra Pradesh Capital Region Development Authority (APCRDA) for a total capacity of 20,000 refrigeration tons over an area of 1 km² for government buildings (State’s Assembly, High Court, Secretariat among others). The Amaravati district cooling project is not only Tabreed’s first success outside the GCC, but also the first DC project developed in public-private partnership in India.
Jasim Husain Thabet, Tabreed’s CEO, commented: “We are very pleased with our first project in India, increasing our presence to 6 countries. Our strong core business, experienced team, structuring capabilities, and proven innovative skills made us the ideal choice to be a long-term partner of APCRDA. Our focus will be on delivering high quality and cost-effective cooling solutions to provide long-term benefits for the Andhra Pradesh government.”
Sebastien Arbola, CEO of ENGIE Middle East, South & Central Asia and Turkey added: “Fully in line with ENGIE’s strategy to focus on new emerging markets, we are delighted to celebrate the Amaravati DC project, Tabreed’s first success outside the GCC region and the first DC project developed in PPP in India. Together with our partner Mubadala, and thanks to the Tabreed team, we are particularly proud of this accomplishment”.
Present for over two decades in India, ENGIE has an installed capacity of 810 MWp in solar and a capacity of 280 MW in wind being built. The Group employs around 1,000 people in power generation as well as in engineering and energy services.
ENGIE owns a 40% stake in Tabreed.
About ENGIE MESCAT
ENGIE Middle East, South & Central Asia and Turkey (MESCAT) has a regional presence of almost 30 years. ENGIE is the regional leading independent power & water producer with a gross capacity of 32 GW of power and 5.5 million m3/day of water. The portfolio includes 810 MWp of solar PV and 280 MW wind in India. In Turkey, ENGIE has 370,000 customers in gas distribution via IZGAZ and is active in energy retail, trading and origination. ENGIE owns 40% of Tabreed, the regional leader in district cooling, which is a key regional development platform. The Group is also the GCC’s leading Facility-Management provider via Cofely-Besix.
ENGIE is a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. The Group has 150,000 employees in 70 countries. 2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com
ENGIE Middle East, South & Central Asia and Turkey
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THC (On behalf of ENGIE MESCAT)
ENGIE Middle East South & Central Asia, Turkey
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Tel +971 44570777
© Press Release 2019