Saudi Electricity Co (SEC) plans to build a new oil fired power plant in Jeddah over the next four years,? industry sources said.
Siemens has won a major order worth more than U$1 billion for Qurayyah combined cycle power plant (CCPP) in Saudi Arabia which will have an installed capacity of 4 GW.
New power, water, and energy projects valued at US$180 billion are underway at the planning stages in the Middle East as UAE forges ahead with 20 projects worth US$34.2 billion.
Jordan awarded a US$800mn power plant project to an international consortium led by Korea Electric Power Co (KEPCO).