Power Generation

Capacity boost at Omani switchgear plant

Production capacity at the switchgear plant of Voltamp Energy has been significantly enhanced with the addition of a new manufacturing bay and offices adjacent to its already existing building at Rusayl at a cost of US$1.2mn

Saudi Electricity Q3 results hit

Saudi Electricity Co (SEC) reported a 6 per cent decline in its net profit in the third quarter due to higher costs of purchased energy and increased depreciation expenses.

SEC signs US$1.4 billion Riyadh plant power deal

SEC is working on am ambitious US$80 billion investment programme to increase its power generation capacity by 30,000 MW by 2018. - Image : Arabian Bemco Contracting Co Ltd

Saudi Electricity Company (SEC) and an unnamed Saudi company have signed a US$1.44 billion contract to develop 1,200 MW of power generation capacity at a plant in Riyadh.

Power investments estimated at more than US$54 billion

The investments account for nearly 46 per cent of the total capital required for electricity development projects in the Middle East and North Africa (MENA), said the report by Apicorp - Image : bfg-global.com

Gulf oil producers are expected to pump more than US$58 billion into projects over the next five years to expand their power generation capacity to meet growing domestic demand, according to an official Arab report.