A consortium of Abu Dhabi National Energy Company (TAQA), Japan’s Marubeni and South Korea’s SK E&S Co. Ltd. has turned out to be the lowest bidder for the estimated $1.3 billion Hassyan 1 independent power project (IPP), the fi rst of six planned IPPs in Dubai. It is informed that TAQA (with 40 percent), Marubeni (40 percent) and SK E&S (20 percent) will together own 49 percent of the project company while Dubai Electricity & Water Authority (DEWA) will own the remaining 51 percent. Th e Hassyan 1 is a Greenfi eld combined cycle gas turbine power plant with a capacity of 1600 MW. It will be developed on a build-own-operate (BOO) basis and the electricity will be sold via a 25-year power purchase agreement to state-owned utility, DEWA.  Hassyan 1 will form a power and water complex with total capacity of 9000 MW of power generation and 720 million gallons per day (MIGD) of desalinated water.