GE and Sonelgaz have signed an agreement to build a US$300mn manufacturing complex in Batna province
Energy
World Bank to contribute US$20 million towards Yemen wind farm
The World Bank has granted US$20mn towards the construction of a 60MW wind farm project in Mocha, Yemen
GE to provide speed drives for SEC thermal power plants
GE has been awarded a contract worth US$23mn by Hyundai Heavy Industries to supply 24 18MW MV7000 variable speed drives to the Saudi Electricity Company?s (SEC) Jeddah South and Shuqaiq steam power plants
Siemens awarded power supply contract in Qatar
Siemens has won a US$253mn contract from Qatar General Electricity and Water Corporation (Kahramaa) to expand the country?s power supply system
TAQA and partners buy Indian hydroelectric power plants
A consortium led by Abu Dhabi National Energy Company (TAQA) has brought over two hydroelectric power plants from India?s Jaiprakash Power Ventures Limited (JPVL) for US$1.6bn