Power Generation

Details: Created: 05 November 2010

Another step forward for Saudi Arabia's power sector

Saudi Electricity Company (SEC) has signed a new deal worth SR12.75 billion (US$3.4 billion) with South Korea's Doosan Heavy Industries and Construction to build a 2,555 megawatt (MW) power plant at Rabigh.

Details: Created: 05 November 2010

South Korean firms expanding in Abu Dhabi

South Korean firms are looking to increase their hold on Abu Dhabi's industrial sector, reports The National.

Details: Created: 21 October 2010

Image source: Siemens

Abu Dhabi Water and Electricity Authority (ADWEA) has awarded Korea Electric Power Corp (KEPCO) and Sumitomo Corp. the contract for a US$1.5 billion power project in the UAE. The companies will sign the final agreement by February 2011 after raising funds through project financing. The project consists of a 1,600MW gas-fired power plant, to be built in Shuweihat, 260 km west of the capital Abu Dhabi, and scheduled for commercial operation in March 2014, according to KEPCO.

Details: Created: 30 September 2010

Jordan close to US nuclear deal

Jordan has said that it expects to reach a compromise with Washington on its nuclear power plants by the end of 2010, paving the way for the award of a reactor construction contract several months later, reports The National.

Details: Created: 10 September 2010

A Korean-led consortium plans to launch a US$20 billion project in December to build four nuclear reactors in the UAE, the state-run power supplier said recently. Last December, the consortium led by state-run Korea Electric Power Corp. (KEPCO) won the landmark deal, the first international contract for the Asian nation's nuclear industry.