Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, has reached the financial close for its Block 4 of Power Station 5 (PS5) that will add 680.9 megawatts (MW), which once completed will increase the nameplate capacity of PS5from 1.8GW to more than 2.4 GW. 

The facility is made up of US$225 million China Export and Credit Insurance Corporation (“SINOSURE”) supported-facility with a 15-year tenor and a competitive interest rate wherein the principal amount will be repaid over a 15-year period including a 3-year grace period. 

SEPCOIII along with Mitsubishi Power are responsible to design, engineer, procure, construct and commission the Combined Cycle Gas Turbine Power Block comprising M701JAC gas turbine, an air-cooled version of J-series gas turbines and a steam turbine.