Staff Report
Dubai, UAE
NMDC Energy PJSC, a provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC, has been awarded a US$1.136 billion (Dh4.7 billion) EPC contract by Taiwan Power Company (Taipower) for pipeline installation, shore approach works, and dredging for the Tung-Hsiao Power Plant 2nd Stage Renewal Project.
The project involves the design, construction, and installation of 111 kilometres of linear subsea pipeline at depths ranging from 10 metres to 55 metres, stretching between Taichung and Tung-Hsiao on Taiwan’s west coast. The scope of work includes shore approach works and dredging operations volume of approximately 6 million cubic metres. Led by NMDC Energy and utilising the capabilities of NMDC Dredging & Marine, the award highlights NMDC Group’s integrated and multidisciplinary approach to engineering, procurement, and construction.
As part of its commitment to expanding into high-growth regions, NMDC Energy views Taiwan as a strategic market with significant potential. The company’s entry into Taiwan and the broader Asian market reinforces its vision of becoming a global leader in the energy and marine engineering sectors. By leveraging its multidisciplinary expertise and forging partnerships in the region, NMDC Energy is poised to further strengthen its presence and explore new opportunities for sustainable growth.
Eng. Yasser Zaghloul, CEO of NMDC Group, said, “This landmark contract underscores NMDC Energy’s position as a global leader in engineering and marine solutions, while driving forward Taiwan’s energy transition ambitions. Our work in Taiwan is not merely about infrastructure; it represents a commitment to creating sustainable pathways for energy resilience in a region of strategic importance. This award reaffirms our dedication to delivering world-class expertise across diverse geographies and demonstrates how NMDC Group’s integrated capabilities set the benchmark for transformative, high-impact projects worldwide.”
The Tung-Hsiao Power Plant 2nd Stage Renewal Project plays a key role in accelerating Taiwan’s transition to cleaner energy by enabling the delivery of natural gas with an annual capacity of 2.3 million tonnes, crucial to meeting growing demand while also enhancing energy security.
Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, added, “Over the past three years, we have boldly expanded our operations into renewable energy in Taiwan, forging transformative partnerships to unlock opportunities for various clean energy integration. Our collaboration with the Taiwan Power Company will drive and strengthen our presence in Taiwan and South East Asia.”
The project also strengthens NMDC’s presence in Taiwan, where the company is actively engaged in advancing renewable energy initiatives. This strategic involvement is expected to significantly boost revenue while solidifying NMDC’s leadership in sustainable energy solutions.
Ends
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