Aluminium Bahrain BSC (Alba), a notable player in the primary aluminium industry, is auctioning off equipment from its former power plants, PS1 and PS2, in Aska, Bahrain. These power plants are integral to Alba's strategic plan to expand its existing PS5 facility.
PS1, largely decommissioned, and PS2, currently in a non-operational black start state, are crucial assets for Alba, serving as emergency reserve capacity for PS3 and PS4 facilities. The auction, hosted on the digital platform of public auction specialist Mazad, starts with a bid of 1,000,000 Bahraini dinars (US$2.67 million). Talal Al Araifi, CEO of Mazad, emphasises the transparency and reliability of their digital platform to ensure a fair auction for potential buyers.
The machinery and solutions that are up for sale
The former power plants house a variety of equipment; including steam and gas turbines, generators, cooling systems, transformers, and numerous spare parts. The auction terms mandate that the buyer is responsible for dismantling, cleaning the site, and removing materials, adhering to Kingdom of Bahrain Health, Safety, Environment, and Security Authorities regulations.
In this strategic move, Alba leverages its prowess in primary aluminium production, emphasising a transparent and reliable auction process through Mazad's digital platform. The auction not only presents an opportunity for potential buyers but also aligns with Alba's commitment to responsible industrial practices.
What are the eligibility protocols for a successful bid?
The successful bidder must comply with local industrial laws, statutes, and ordinances during the dismantling and transportation processes. Alba will evaluate bids based on the bidder's capability to manage this project's scale and the highest price offered.
Alba's commitment to safety and environmental standards is evident in the requirement for the purchaser to adhere to relevant regulations during the entire process. The auction listing, ending on 7 February 2024, provides comprehensive details about the power plants and the scope of work.
This auction reflects Alba's strategic approach to optimising its facilities, focusing on sustainability and adherence to regulations. The use of digital platforms like Mazad enhances transparency and widens the reach for potential buyers in the competitive high-volume aluminium industry. Alba's commitment to safety and environmental standards positions them as a responsible industry leader.
If you wish to learn more about the entire aluminium value chain, please have a look at AL Circle’s special report, Global Aluminium Industry Key Trends to 2030.
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