Saudi to invest US$100 billion to meet energy demands
Saudi Arabia will have to pump US$100 billion into the kingdoms power sector over the next 10 years to meet rising energy demands which are set to increase dramatically.
Saudi Arabia will have to pump US$100 billion into the kingdoms power sector over the next 10 years to meet rising energy demands which are set to increase dramatically.
ABB has won an order worth about US$22mn to supply electrical equipment and power systems for the Az Zour South power plant upgrade project in Kuwait.
Siemens AG signed a contract worth US$136mn to build a 400KV electrical grid station in Abu Dhabi.
ABB won a second order from Saudi Arabias Najran University in a deal worth US$40mn.
Alstom Grid has been awarded two contracts worth a total of US$83.1mn by the Saudi Electricity Company (SEC) for five substation extensions and two new substations.