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Energy

Syria has awarded Ansaldo Energia, a unit of Italys Finmecannica, and Greeces Metka, part of Mytilineos Holdings, to build a $973mn power generating plant in the country.

Saudi Electricity Company (SEC) has signed a new deal worth US$3.4bn with South Koreas Doosan Heavy Industries and Construction to build a 2,555 MW power plant at Rabigh.

Abu Dhabi will commission a 1,500 MW power plant in 2011. Building of the Shuwaihat-2 power plant will be followed up with the construction of a 1,600 MW power plant in the same area towards the end of 2011. The second power plant will reportedly cost around US$1.5 billion to build, and bids for the project are already being evaluated.

Three Turkish companies have been awarded important contracts in Iraq to install 20 gas-powered turbines in three power generating stations, the Iraqi Ministry of Electricity announced recently.

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