Power & Water

Orascom Construction wins US$181mn power plant deal

powerplant

Orascom Construction Industries (OCI) was awarded a US$181mn contract for work on a 1,500 MW combined cycle power plant in Giza.

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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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Saudi Electricity partners with Showa Shell on solar plant

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Saudi Electricity Co (SEC) and Showa Shell Sekiyu KK are jointly working on a 500 kW solar power plant in Saudi Arabia.

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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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Taqa posts 17 per cent increase in Q2 2011

Taqa_Q2

Abu Dhabi National Energy Company PJSC (Taqa) Power and Water division posted a 17 per cent increase in revenue to hit  US$520 in Q2 2011.

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