Energy & Power
Altaaqa Global signs international power projects agreement with Caterpillar
By Anthony Capkun
April 19, 2013 – Caterpillar Inc. has entered into a five-year international power projects (IPP) agreement with Zahid Group, which recently formed a new subsidiary company, Altaaqa Global. As an IPP partner, Altaaqa Global will provide multi-megawatt temporary power solutions around the world, supported by partnerships within the worldwide Cat dealer network.
“Zahid Group has demonstrated a proven track record of excellent customer service for more than 60 years,” said Bill Rohner, vice-president of Electric Power at Caterpillar. “Having them as a strategic partner will help expand Caterpillar’s evolving role in the IPP market.”
Altaaqa Global will provide fast-track and large-scale temporary power solutions from 20MW to 100MW and more, offering gas, diesel or dual-fuel technology to various sectors, such as oil and gas, power utilities, mining, government services, military, manufacturing and construction.