Alba holds Board meeting for Q4 of 2021

  • Date: 02-Dec-2021
  • Source: Bizbahrain
  • Sector:Economy
  • Country:Bahrain
  • Who else needs to know?

Alba holds Board meeting for Q4 of 2021

Aluminium Bahrain B.S.C (Alba), the world’s largest aluminium smelter ex-China, held its BoD Meeting in-person for the fourth quarter of 2021, in line with COVID-19 protocols and guidelines by Bahrain National Medical Task Force for Combatting the Coronavirus, on Wednesday 01 December 2021 at Alba Oasis Hall. The Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa, started the meeting by: “thanking the Management team and everyone in the workforce on Alba’s record-breaking performance for the 9-months of 2021 and stated that Alba is on track to set new benchmarks by finishing 2021 strong. Adding further:We are also pleased to issue a Limited Notice to Proceed, subject to successful financial closure, towards Mitsubishi & SEPCO III Consortium to be the Engineering, Procurement and Construction contractor for the fourth additional block in Power Station 5. As we chart our way towards integrating ESG in every aspect of our business to meet Bahrain’s National Green Initiatives, Power Station 5 – Block 4 will bring us one step closer in our race towards decarbonization in terms of higher efficiency and lower greenhouse gas (GHG) emissions. Block 4 will add 680.9 MW to Power Station 5’s 1,800 MW and