The Dubai Supreme Council of Energy, a government body that sets energy policy, has announced that it would be freezing utility tariffs in Dubai over the next few years.
Phoenix Power Company, the special purpose vehicle created for the construction of the Sur Independent Power Project (IPP), is looking at launching an IPO for the project in 2014.
Abu Dhabi National Energy Company PJSC (Taqa) Power and Water division posted a 17 per cent increase in revenue to hit? US$520 in Q2 2011.
ABB has won an order worth about US$17mn from Hanwha Engineering & Construction Corp. of Korea to extend an existing substation at the Yanbu power plant in Saudi Arabia.
Siemenss 60 Hertz (Hz) version of the SGT-8000 gas turbine has started test operations with Saudi Arabia the prime target market in the region.
