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Saudi Electricity agrees US$308mn worth of power deals

power-grid

Saudi Electricity Co. (SECO) signed contracts valued at US$308mn with two local companies to develop power facilities in the kingdom.

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Zamil Projects awarded EPC contract by Doosan

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Zamil Projects has been awarded a new contract worth US$$37.9mn from Doosan Heavy Industries & Construction Company to provide Engineering, Procurement and Construction (EPC) services and mechanical works for the HVAC systems and equipment at Rabigh Power Plant Stage 2.

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Doha Cables wins US$494mn deal from Kahramaa

Doha_Cables_deal

Doha Cables has been awarded a two-year contract by Qatar General Electricity & Water Corporation (Kahramaa) to supply power cables in deal worth US$494mn.

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Dubai announces freeze on electricity and water tariffs

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The Dubai Supreme Council of Energy, a government body that sets energy policy, has announced that it would be freezing utility tariffs in Dubai over the next few years.

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Phoenix Power to launch IPO for Sur project in 2014

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Phoenix Power Company, the special purpose vehicle created for the construction of the Sur Independent Power Project (IPP), is looking at launching an IPO for the project in 2014.

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