HSBC to fund Lebanon’s Zouk and Jiyeh power plants rehabilitation
HSBC Bank won a tender to carry out maintenance work at Zouk and Jiyeh power plants instead of providing the...
Power & Electricity
Saudi Arabia awards $346 million power contracts
Saudi Electricity Company (SEC) plans to set up three transformer stations across the country at a cost of SR1.3 billion...
Jordan receives funding for 250MW power plant agreement
A US firm is set to break ground on a 250-megawatt (MW) power plant in Jordan next month, thanks to...
Samsung says consortium wins $3 billion Saudi Arabia order
Samsung Engineering Co Ltd said its consortium with China's Shanghai Electric and Saudi Arabia's Al Toukhi was awarded a $3...
Iran to build 163MW Plant in Iraq
Iran is ready to construct a power plant, named Heidariya, in Iraq with a capacity to generate 163 megawatts (MW)...
Qatar to invest up to $20 billion in solar energy plant
OPEC member Qatar will ask firms to tender for a 1,800 megawatt (MW) solar energy plant in 2014 costing between...
Qatar unveils plans to cut power and water use
The Qatar General Electricity and Water Corporation (Kahramaa) announced an ambitious plan to reduce electricity consumption in the country by...
Qatar to invest $13.1 billion in power sector
Qatar is set to invest an estimated $13.1bn in power sector during the next eight years. Most of the investments...
Jordan: Seeking shale solution
Egypt’s recent decision to halt gas supplies to Jordan and the kingdom’s subsequent decision to lift fuel subsidies has placed...
Saudi electric power generation to go nuclear
The Kingdom's electricity generating stations will replace diesel and gas fuels with nuclear and renewable energy over the next 10...
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