Bahrain’s Arab Shipbuilding & Repair Yard Co (ASRY) has joined forces with UK-based power generation packaging specialist Centrax, to form a joint venture company ASRY-Centrax Ltd, to design and build Power Barges – essentially floating electricity generating power stations. ASRY has designed the barges itself, and will build them on its two large slipways. The initial design is the TPB125 Power Barge, a 125MWe unit based on a standard barge design and outfitted with a pair of Rolls-Royce Trent 60 gas turbines, selling for between $100 to $125 million based on final outfitting factors such as security systems, and the need for amenities such as night vision equipment and helidecks, for example.