Phase 2, worth approximately $500 million will see Doosan complete the EPC project involving the design, manufacture, installation and testing of all the power systems by December 2010.
The move comes in addition to a contract for the 1,330 MW phase 1 of the Jebel Ali project signed in March.
Dubai has recently seen a rapid economic growth on the back of intense development, including the construction of the artificial Palm Islands, triggering a surge in electric power demand with a projected annual growth rate of 15%. Dubai Electricity and Water Authority plans to invest $20 billion by 2015 to boost Dubai’s capacity to 13,250 MW.
