Saudi Industrial Property Authority (Modon) announced that it has signed two contracts worth US$350mn with the Saudi Electricity Company (SEC) for the delivery of electricity to the 3rd Industrial City in Jeddah and the 3rd Industrial City in Dammam.

Iraq has awarded a US$125mn contract to a Saudi Arabian company to build a power plant with a total capacity of 150 MW in the southern city of Basra.

Saudi Electricity Company (SEC) has awarded contracts to local contractors to reinforce two existing power plants in the kingdom.

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Oman Electricity Transmission Company (OETC) is working hard on expanding the countrys power transmission infrastructure and upgrading the national power grid to try and meet growing local energy demand.