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TOF VanEck ETFs NV

79.26
-0.06 (-0.08%)
Last Updated: 09:07:39
Delayed by 15 minutes
Name Symbol Market Type
VanEck ETFs NV EU:TOF Euronext Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.06 -0.08% 79.26 79.12 79.52 79.26 79.26 79.26 15 09:07:39

Stmnt re Taweelah A1 Plant

06/05/2003 8:03am

UK Regulatory


RNS Number:7182K
Total Fina Elf.
5 May 2003


      Taweelah A1 plant, one of the world's largest cogeneration facilities,
                            commissioned in Abu Dhabi  

Paris, May 5, 2003 - TotalFinaElf announces the on-schedule and on-budget
commissioning of the Taweelah A1 power and desalination plant in Abu Dhabi,
United Arab Emirates. The plant is owned by Gulf Total Tractebel Power Company,
whose shareholders are the Abu Dhabi Water and Electricity Authority (ADWEA)
with a 60% interest, TotalFinaElf (20%) and Tractebel (20%).

With a power capacity of 1430 MW and a seawater desalination capacity of around
385,000 cubic meters per day, Taweelah A1 is one of the largest gas-fired
cogeneration plants in the world. It will meet approximately one-quarter of the
emirate's power and water demand.

An international tender was issued in 2000 to upgrade and expand the existing
installations. The configuration selected offered particularly efficient
integration of the existing and planned units, and incorporated leading-edge
energy efficiency and environmental stewardship technologies. Carbon dioxide
emissions per kWh have been halved in comparison to the original plant, while
nitrogen oxide emissions have been reduced by 90%.

This successful project is an important customer reference for TotalFinaElf in
the field of power generation and seawater desalination, a fast-growing market
in the Middle East.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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