In November 2010, Dorad Energy achieved financial closing and in March 2011 started constructing the largest private power plant in Israel, and the first to sell primarily to end-users.
The construction works ended with the commencement of commercial operation in May 2014 and the company was on its way as an IPP – an Independent Power Producer.
The main impetus for the new wave of private electricity companies in Israel was the discovery of large quantities of natural gas along the coast of Israel, which enabled IPPs to set up combined-cycle power stations, fueled primarily on natural gas
Combined-cycle technology has many advantages, including high efficiency and low construction, operation and maintenance costs, in comparison with coal-fired stations.
The project contractor who is responsible for the design, construction and commissioning of the facility until delivery is Wood Group GTS, assisted for this purpose by a number of local Israeli contractors, including Koor Metals, Hagiva, Keren, ABB, El-Mor, GES and others.
EZOM, a company owned by Edeltech and Zorlu is operating and maintaining the station since the start of commercial operation.