Investors will be asked to build and operate the power plants
Iraqs semi-autonomous Kurdish region has invited investors to build power plants to 4,500 MW in the area which would increase its capacity to 6,000 MW.
Daewoo Engineering & Construction was awarded a US$1.2 billion deal to build a thermal power plant in Oman.
Orascom Construction Industries (OCI) was awarded a US$181mn contract for work on a 1,500 MW combined cycle power plant in Giza.
Saudi Electricity Co (SEC) and Showa Shell Sekiyu KK are jointly working on a 500 kW solar power plant in Saudi Arabia.
Oman Power and Water Procurement Company (OPWP) and a multinational consortium signed a deal worth US$1.5 billion to build, own and operate the Sur Independent Power Project.
