Alba and BAPCO join forces to foster Green and Sustainable Industrial Development
In the first-of-its-kind initiative, two of Bahrain’s largest industrial Aluminium Bahrain B.S.C. (Alba) and Bahrain Petroleum Company (Bapco) have joined forces to share knowledge and collaborate on implementing Environment, Social and Governance (ESG) initiatives of common interest through a Memorandum of Understanding (MoU) that was signed on Sunday 06 February 2022.
The MoU was signed by Alba’s Chief Executive Officer - Ali Al Baqali and Bapco’s Chief Executive Officer - Dr. Abdulrahman Jawahery at Awali Township and was attended by Alba’s Chief Power Officer - Amin Sultan, and Bapco’s Acting Deputy Chief Executive and BMP Project Director – Hafedh Al Qassab, as well as other officials from both companies.
In addition to due diligence for projects of common interest that are in line with the commitments made by H.R.H. Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister at the 26th United Nations Climate Change Conference of the Parties (COP26), the MoU will set the platform to conduct a feasibility study on utilising current and any future developments on surplus hydrogen to be made available from Bapco to Alba as well as form a joint taskforce to implement the agreed objectives between the two companies.
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