Power & Water

GCC waste treatment market to reach US$2 billion by 2016

GCC__wasteThe GCC's water and wastewater treatment equipment market is set to reach US$2 billion by 2016, according to a latest report by Frost & Sullivan.

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Smart Grids have strong growth potential - Frost & Sullivan

Frost__SullivanAccording a recent report by Frost & Sullivan, the GCC is expected to invest nearly US$73 billion in power generation and T&D projects and add 36 GW of generation capacity in the next five years.

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Kuwait awards US$37.3mn transformer contract to EIC

Kuwait_EICElectrical Industries Co. (EIC) was awarded a contract worth US$37.3mn to supply the Kuwaiti Ministry of Electricity and Water with oil-type distribution transformers.

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Iraq and Iran sign US$72mn power generation deal

Sunir_1Iraqi Ministry of Electricity has signed a US$72mn contract with Iranian Sunir company to build gas-powered power plants in Iraq, IRNA reported.

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Utico to manage utility projects worth US$4 billion

Utico_utilitiesUtico Middle East confirmed that it has won orders valued at over US$4 billion to manage utility projects across the GCC.

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