EGA, Mubadala and Dubal Holding to develop Dh1bn power plant in Jebel Ali – Dubai Emirates Global Aluminium, Mubadala Investment Company and Dubal Holding will develop a power generation facility and water desalination plant worth more than Dh1 billion ($272.3 million) at EGA’s aluminium smelting facility in Jebel Ali. Mubadala and Dubal Holding agreed to form a joint venture to develop the new facility, according to a joint statement on Tuesday. EGA will buy power from the new JV for 25 years once the facilities are operational. (LINK). HIWI042018-12-24T13:45:59+01:00