Orascom Construction has agreed to undertake a US$420mn contract to convert existing simple power plants to combined cycle power plants
Power Generation
Bahrain to do away with subsidies on utilities March onwards
Bahrain has approved the removal of subsidies for electricity and water in March this year, which will eventually see prices double for expats and large companies in the industrial sector
Egypt awards Siemens six substations construction deal
A consortium comprising Siemens and El Sewedy Electric T&D has signed a contract with Egyptian Electricity Transmission Company (EETC) for the construction of six state-of-the-art substations in the North African country
Saudi Arabia?s ACWA to build new power plant in Jordan
Jordan?s National Electric Power Company will sign a US$400mn contract with Saudi Arabia-based ACWA Power for construction of a 480MW plant, secretary general of Jordan?s Ministry of Energy and Mineral Resources said
Kuwait?s gas-fired plant to come online next year
Kuwait?s first gas-fired combined cycle power and water desalination plant ? Azzour North One ? is due for completion by Q4 2016, said developer Shamal Azzour Al Oula