Larsen & Toubro (L&T) has announced that it has won a US$473mn contract to build power substations in Qatar
Energy
SEC signs US$366 million loan deal for Jeddah South Power Plant project
The Saudi Electric Company (SEC) has signed a US$366mn loan agreement with three Japanese banks to aid with the construction of a 2,650 MW power plant in Jeddah
Kuwait's Az-Zour North Power and Desalination project receives US$1.4 billion funding
A consortium of local and international banks in Kuwait have agreed to provide financial aid of up to US$1.4bn for the upcoming Az-Zour North Power and Desalination plant project in the country
Alstom and Arabian Bemco to set up manufacturing facility in Saudi Arabia
France?s Alstom and Arabian Bemco Contracting have signed a joint venture agreement to set up a power generation components manufacturing facility in Saudi Arabia, which will serve as its hub in the Middle East
JWPC awarded funds to construct Jordan?s first wind farm
The Jordan Wind Project Company (JWPC) has secured funding from international organisations to start constructing its US$290mn wind farm, which is expected to start generating power in 2014