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Utico to manage utility projects worth US$4 billion
Utico Middle East confirmed that it has won orders valued at over US$4 billion to manage utility projects across the GCC.
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SEC awards transmission deal to KEC International
Saudi Electricity Company (SEC) has awarded KEC International a US$881mn deal for supply and construction of transmission lines on turnkey basis, which is expected to be completed in 24 months.
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Electricity consumption in the GCC to increase
A Deloitte report entitled "Energy on Demand: The Future of GCC Energy Efficiency", shows that per capita electricity consumption during the period 2007-2035 in the GCC is likely to increase at an annual rate of 2.5 per cent.
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Alstom Grid wins Iraqi substation contract for Mosul project
Alstom Grid has won a US$93.5 million contract with Iraq's Ministry of Electricity - Directorate General of Electrical Transmission Projects to design, manufacturer and install the Mosul East gas-insulated switchgear (GIS) substation.
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Saudi Electricity agrees US$308mn worth of power deals
Saudi Electricity Co. (SECO) signed contracts valued at US$308mn with two local companies to develop power facilities in the kingdom.
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