Power Generation

New Iraq power plant to be built by Alstom


Alstom has been awarded an electrical power-plant contract in Iraq worth US$550mn.

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Capacity boost at Omani switchgear plant


Production capacity at the switchgear plant of Voltamp Energy has been significantly enhanced with the addition of a new manufacturing bay and offices adjacent to its already existing building at Rusayl at a cost of US$1.2mn

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Saudi Electricity Q3 results hit


Saudi Electricity Co (SEC) reported a 6 per cent decline in its net profit in the third quarter due to higher costs of purchased energy and increased depreciation expenses.

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SEC signs US$1.4 billion Riyadh plant power deal


Saudi Electricity Company (SEC) and an unnamed Saudi company have signed a US$1.44 billion contract to develop 1,200 MW of power generation capacity at a plant in Riyadh.

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Power investments estimated at more than US$54 billion


Gulf oil producers are expected to pump more than US$58 billion into projects over the next five years to expand their power generation capacity to meet growing domestic demand, according to an official Arab report.

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