The Muscat Electricity Distribution Company (MEDC) has launched Oman?s first prepaid electricity meter, called Sabiq, aimed at helping customers control their consumption of electricity in the sultanate
Energy
L&T to build power substations in Qatar
Larsen & Toubro (L&T) has announced that it has won a US$473mn contract to build power substations in Qatar
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