SEC has signed a 15-year loan agreement worth US$1.4 billion for Rabigh power plant.
Saudi Electricity Co. (SEC) has signed a 15-year loan agreement worth US$1.4 billion with a number of international banks to help finance the construction of Rabigh power plant
GE has won a US$200mn SEC power equipment contract.
GE won a US$200mn contract to supply steam turbine technology, power generation services and distributed control systems for the conversion of Saudi Electricity Companys (SEC) PP10 power plant.
Siemens Energy has been awarded a contract worth US$34.2mn by Dubai Electricity and Water Authority (Dewa) to build a turnkey 132 kV/33 kV high voltage substation.
Alstom Grid and Al-Rashed Holdings have complete substation project in Kuwait
Alstom Grid and Al-Rashed Holdings have installed and commissioned the fourth 300 kV turnkey substation in Kuwait.
Dubai will decide on its multi-billon dollar energy investment strategy by the end of this year.
Dubai is likely to decide on its multi-billon dollar energy investment strategy, including possible investments abroad, by the end of this year, a senior official of the Gulf emirates supreme energy council said recently.
