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SANAA, Yemen, Aug. 15 () -- A subsidiary of a holding company in Saudi Arabia said Thursday it has successfully installed a 54 megawatt power plant in Aden province in Yemen.Altaaqa Global, a subsidiary of Saudi holding company Zahid Group, has teamed up with Caterpillar Inc. to install power facilities. The company said it was joined by Yemeni officials in inaugurating a power plant capable of meeting 15 percent of provincial demand at its summer peak.The company said it took 23 days to install the turn-key facility. Aden Gov. Wahid Ali Rashid said the project is part of a federal reconstruction project meant to provide a solution to a local electricity crisis.Yemen is the focal point of a lingering terrorism threat emanating from recent warnings from the U.S. State Department. Yemen officials this week downplayed the threat. A Yemeni energy company recently denied claims its facilities were attacked by al-Qaida.Caterpillar said the project was one of the most advanced of its kind in the world. Altaaqa said 95 percent of the workforce would be local Yemenis.