The UAE’s NMDC Energy has been awarded an engineering, procurement and construction 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 $1.136 billion project involves the design, construction and installation of 111 kilometers of a linear subsea pipeline at depths ranging from 10 to 55 meters, stretching between Taichung and Tung-Hsiao on Taiwan’s west coast. The scope of work includes shore approach works and dredging operations with a volume of approximately 6 million cubic meters.
“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,” stated Ahmed Salem Al Dhaheri, CEO of NMDC Energy.
Project to deliver 2.3 million tons of natural gas annually
Led by NMDC Energy and utilizing the capabilities of NMDC Dredging & Marine, the award highlights NMDC Group’s integrated and multidisciplinary approach to engineering, procurement and construction.
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 tons, crucial to meeting growing demand while also enhancing energy security.
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.
“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,” added Yasser Zaghloul, CEO of NMDC Group.
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Contract to significantly boost revenue
By leveraging its multidisciplinary expertise and forging partnerships in the region, NMDC Energy aims to further strengthen its presence and explore new opportunities for sustainable growth.
“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,” Zaghloul added.
NMDC Group’s track record in delivering sustainable, innovative and efficient solutions was key to securing this significant contract. The award also highlights NMDC Energy’s expertise in delivering complex energy and marine engineering projects while reinforcing its strategy to expand its operations geographically into high-potential markets. It also strengthens the company’s presence in Taiwan, where it is actively engaging in advancing renewable energy initiatives.
This strategic involvement in Taiwan is expected to significantly boost revenue while solidifying NMDC Energy’s leadership in sustainable energy solutions.
