This is an 87 MW IPP established in Ashkelon that provides half of its output to the water desalination plant on its premises and the other half is sold to end consumers such as the Nilit plant and Mekorot or the grid. The station received its provisional license in March 2008 and its permanent generation license in February 2009. The station was erected at a total cost of $100 million dollars. It is composed of two 32 MW GE natural gas turbines and one Siemens 23 MW CCGT turbine. In August 2005, Yam Tethys signed an agreement with Delek Ashkelon for the supply of gas to the IPP by the Ashkelon desal plan, the supply of which started with the connection of the plant to the Natural Gas transmission line and will continue for 15 years or until 30.6.2022. YT is in negotiations with the Delek Ashkelon IPP to increase the supply of gas, which currently stands at 0.12 bcm per year. Total value of the contract (100%) is about $160 million
In August 2009, Yam Tethys signed an additional agreement with Delek’s IPP to sell an additional 0.015 bcm of gas per year until 2010 only for an additional $6 million or for about $5.6 mmbtu. The contract terms will be re-opened in 2010.