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Groundbreaking power projects in Cameroon and Saudi Arabia, respectively, shortlisted for "Construction Project of the Year"
Dubai-based Altaaqa Global, the leading global provider of temporary power solutions, and sister company Altaaqa Alternative Solutions (Altaaqa), the premier provider of electrical power, water and temperature control solutions in Saudi Arabia, have garnered major nominations in the 2015 Platts Global Energy Awards - often referred to as the "Oscars of the energy industry." Altaaqa Global's 50 MW natural gas power plant project in Cameroon and Altaaqa's 95 MW temporary power plant project in Al Kharj have both been shortlisted for "Construction Project of the Year", one of the major and most coveted awards.
The two Zahid Group companies are among a stellar list of finalists that includes Royal Dutch Shell, ATCO Electric, Delta Rubis, DTE Energy, Fluor and Yanbu Aramco Sinopec Refining. The award, which recognizes excellence in project execution and management, will be given to the company that capitalized on a critical need or opportunity, quickly moved to propose and finance new facilities, dealt with myriad daunting issues before and during construction, and brought the project online with fiscal responsibility.
"I am proud of the achievements of both Altaaqa Global and Altaaqa Alternative Solutions in their consistent pursuit of excellence, through their respective professional teams," Fahad Y. Zahid, Chairman of both companies, said.
Peter den Boogert, CEO of Altaaqa Global, added, "On behalf of Altaaqa Global's management team, I would like to extend my congratulations to everyone who made the success of our Cameroon project possible. We share this recognition, our second nomination at the Awards, with the local engineers and agencies that helped our in-house teams maintain the highest level of service and complete the project in record-breaking time."
Speaking on behalf of Altaaqa Alternative Solutions, Emad Mukhalalaty, Managing Director, said, "We are truly honored to be recognized by one of the most prestigious award-giving bodies in the industry and be in the league of the world's most prestigious companies. This award will further encourage our teams to continue providing our customers with innovative and quality solutions that meet their needs and exceed their expectations."
The winners will be announced on December 9 in New York City.
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About Altaaqa Global
Altaaqa Global, a subsidiary of Zahid Group, has been selected by Caterpillar Inc. to deliver multi-megawatt turnkey temporary power solutions worldwide. The company owns, mobilizes, installs, and operates efficient temporary independent power plants (IPP's) at customer sites, focusing on the emerging markets of Sub-Sahara Africa, Central Asia, the Indian Subcontinent, Latin America, South East Asia, the Middle East, and North Africa. Offering power rental equipment that will operate with different types of fuel such as diesel, natural gas, or dual-fuel, Altaaqa Global is positioned to rapidly deploy and provide temporary power plant solutions, delivering electricity whenever and wherever it may be needed.
About Altaaqa Alternative Solutions
Altaaqa is an environmentally responsible provider of electrical power, water and temperature control solutions serving exclusively the dynamic Saudi Arabian market. Operating out of six branches strategically located across the Kingdom, the company focuses on providing added value through fully customizable offerings tailored to specific customer requirements.
About Zahid Group
Zahid Group represents a diverse range of companies, offering comprehensive, customer-centric solutions in a number of thriving industries. Some of those include construction; mining; oil & gas; agriculture; power, electricity & water generation; material handling; building materials; transportation & logistics; real estate development; travel & tourism; waste management & recycling; and hospitality.
© Press Release 2015
