Middle east countries are embarking on a massive power and electricity investment programme over the next five years to significantly expand the region's power generation and secure stable power supplies for the future.
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.
The recent Gulf Cooperation Council (GCC) summit held in Abu Dhabi laid out an action plan for Gulf countries to combat water scarcity and diversify energy resource.
ABB was awarded a contract valued at US$39 million from the Saudi Electricity Company (SEC) to improve the efficiency of power transmission and distribution in the country?s Eastern Province, according to a company statement.
Qatar General Electricity and Water Company (Kahramaa) is pushing ahead with expanding the country's electricity capacity with a collaboration with Alstom Grid to build sub-station plants for US$695mn.
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