Orascom Construction wins US$181mn power plant deal
Orascom Construction Industries (OCI) was awarded a US$181mn contract for work on a 1,500 MW combined cycle power plant in Giza.
Energy
Dubai announces freeze on electricity and water tariffs
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.
Saudi Electricity partners with Showa Shell on solar plant
Saudi Electricity Co (SEC) and Showa Shell Sekiyu KK are jointly working on a 500 kW solar power plant in Saudi Arabia.
Phoenix Power to launch IPO for Sur project in 2014
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.
Taqa posts 17 per cent increase in Q2 2011
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.
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