GCC is expected to invest nearly US$73 billion in Power Generation and T&D projects and add 36 GW of generation capacity.
According 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.
EIC was awarded a contract worth US$37.3mn to supply Kuwait with oil-type distribution transformers.
Electrical 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.
Iraqi Ministry of Electricity has signed a US$72mn contract with Sunir to build gas-powered power plants in Iraq.
Iraqi Ministry of Electricity has signed a US$72mn contract with Iranian Sunir company to build gas-powered power plants in Iraq, IRNA reported.
Utico confirmed that it has won orders valued at over US$4 billion to manage utility projects across the GCC.
Utico Middle East confirmed that it has won orders valued at over US$4 billion to manage utility projects across the GCC.
Hyosung Power & Industrial Systems has won a US$233mn contract to build eight electricity substations in Qatar.
Hyosung Corp. announced that its affiliate, Hyosung Power & Industrial Systems Performance Group, has won a US$233mn contract to build eight electricity substations in Qatar.
