The Abu Dhabi Fund for Development (ADFD), a fund established by the government to aid the economic development of developing nations, has granted a loan to Bahrain worth US$50mn. The loan will be used to erect two electric transmission lines, of 220KV and 66KV each, to meet the increasing demand for electric power.
Abu Dhabi Transmission and Despatch (Transco) has placed an order with Siemens Energy to supply transformer substations and switchgear for the UAE power distribution network expansion project. The US$184mn order includes the turnkey supply of three 132/11 kV transformer substations and two 132/22 kV substations.
While the demand for power in the MENA region is expected to double by 2030, financing remains a problem according to a new report published by the London-based Middle East Association. Alan Mackie, the editor of the Middle East Business Focus 2010, highlights how the latest projections indicate that demand in the Middle East and North Africa (MENA) will necessitate the installation of at least another 250GW of new capacity.
p>While the demand for power in the MENA region is expected to double by 2030, financing remains a problem according to a new report published by the London-based Middle East Association. Alan Mackie, the editor of the Middle East Business Focus 2010, highlights how the latest projections indicate that demand in the Middle East and North Africa (MENA) will necessitate the installation of at least another 250GW of new capacity.
Power and automation technology group, ABB, has signed a service contract with the Gulf Cooperation Council Interconnection Authority (GCCIA) to provide maintenance for equipment and systems at the Gulf Interconnection Grids newly constructed substations. The two-year contract is worth US$8.3mn and will aim to optimise the grids reliability through regular maintenance and provide technical and emergency assistance when required.
Abu Dhabi is considering a proposal to use solar energy equipment on rooftops in the city to generate about 500MW of power, according to the executive director at the citys Executive Affairs Authority, David Scott.
