Power & Water

Modon signs deals worth US$350mn with SEC

Modon

Saudi Industrial Property Authority (Modon) announced that it has signed two contracts worth US$350mn with the Saudi Electricity Company (SEC) for the delivery of electricity to the 3rd Industrial City in Jeddah and the 3rd Industrial City in Dammam.

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Cadagua consortium wins desalination plant deal

Cadagua_desalination_plant

Spanish company Cadagua, subsidiary of Ferrovial Agroman, has been awarded a contract estimated at US$55mn (Dh201.85 million) to construct a seawater desalination plant in Ajman by the Federal Electricity and Water Authority (Fewa).

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Masdar gets solar plant financing

Masdar_financing

Masdar succeeded in getting US$615mn in financing from banks for the world's biggest concentrated solar power plant (CSP).

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Alstom Grid to reinforce Saudi electricity network

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Alstom Grid has been awarded two contracts worth a total of US$83.1mn by the Saudi Electricity Company (SEC) for five substation extensions and two new substations.

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Saudi firm wins Iraqi power deal

Saudi_firm_Iraqi_deal

Iraq has awarded a US$125mn contract to a Saudi Arabian company to build a power plant with a total capacity of 150 MW in the southern city of Basra.

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