NMDC Energy PJSC, an EPC service leader announced that it got awarded an EPC contract deal with Taiwan Power Company, (Taipower), concerning pipeline installation, shore approach works, and dredging services to be done as part of the Tung-Hsiao Power Plant 2nd Stage Renewal Project.
The project is valued at $1.136 billion, which will be used in the design, construction, and installment of the 111 kilometers of subsea pipeline to be laid at depths ranging between 10 to 55 meters. The pipeline will connect the two key locations, Taichung and Tung-Hsiao, on Taiwan’s west coast. The scope also includes extensive shore approach works and dredging operations, totaling approximately 6 million cubic meters.
Led by NMDC Energy and supported by NMDC Dredging & Marine, the contract highlights the company’s integrated approach to energy infrastructure. It also highlights NMDC Group’s ability to combine various engineering disciplines, ensuring seamless execution of large-scale projects.
Strategic Expansion into Taiwan and Asia
NMDC Energy sees Taiwan as a key market with strong growth potential, and this project is a major expansion step. The company views entering Taiwan as a key step to strengthen its position in Asia and drive global energy leadership.
Leveraging its multidisciplinary expertise will strengthen NMDC Energy’s footprint in Taiwan and beyond. It will also unlock new opportunities in the region and supports NMDC Group’s long-term sustainable growth goals.
Supporting Taiwan’s Clean Energy Transition
The Tung-Hsiao Power Plant 2nd Stage Renewal Project is vital to advancing Taiwan’s energy transition to cleaner sources. The project will produce 2.3 million tonnes of natural gas per year, satisfy the energy demand, and enhance Taiwan’s energy security.
This is one of the key projects in the overall strategy for Taiwan to switch to more environmentally friendly sources of energy. This project will ensure that Taiwan reaches its renewable energy targets while making improvements to its energy infrastructure and security.
Eng. Yasser Zaghloul, CEO of NMDC Group, said, “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.”
He added, “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.”
Also read: Copenhagen Infrastructure Partners Finishes Taiwan’s Zhong Neng Offshore Wind Farm Ahead of Schedule
NMDC Group’s Proven Track Record
NMDC Group’s success in securing this high-value contract underscores its proven ability to deliver sustainable, innovative, and efficient solutions. The award reinforces NMDC’s leadership in executing complex energy EPC and marine engineering projects. Moreover, this contract strengthens NMDC’s foothold in Taiwan, where the company is actively contributing to the country’s renewable energy initiatives.