Friday 31 July 2015
 
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power projects

Iraq plans 60 power projects worth $218m

Iraq has given the green light for 60 new power projects worth $218 million to be built in the Basra governorate in its budget for 2015, reported Iraq Business News. Basra approved a budget of $3.6 billion for 2015, but w

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Iraq plans 60 power projects worth $218m

Iraq has given the green light for 60 new power projects worth $218 million to be built in the Basra governorate in its budget for 2015, reported Iraq Business News. Basra approved a budget of $3.6 billion for 2015, but w

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Oman pumps $380m into power projects

Oman has spent a total of RO147 million ($380.4 million) for the implementation of electricity projects in the rural areas of the sultanate in 2014, said a report. This included establishment of networks and electricity stations,

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Oman pumps $380m into power projects

Oman has spent a total of RO147 million ($380.4 million) for the implementation of electricity projects in the rural areas of the sultanate in 2014, said a report. This included establishment of networks and electricity stations,

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New projects to boost power network in Bahrain

Bahrain has launched projects aiming to boost and expand the power distribution network worth BD20.7 million ($54.7 million), said a top government official. The projects include the construction and operation of 11 main transmiss

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$2bn for Tabuk power projects

The Saudi budget for 2014 has allocated SR7.747 billion ($2.07 billion) for nine new electric projects in in the Tabuk region of the kingdom, a report  said. The director of Electricity Department in the region, Engineer Musa

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Mena countries plan $250bn power spend

The Middle East and North African (Mena) countries are expected to pump nearly $250 billion into power projects over the next five years to expand generation capacity and meet the growing domestic demand, a report said. The projec

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Saudi govt funds buy 19.4pc of power firm

  Two Saudi government-owned funds have purchased a 19.4 percent stake in Saudi water and power project developer ACWA Power International, the company said.   ACWA Power, formed in 2004 to bid for

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Bahrain okays $600m loan deals for power projects

The Shura Council has approved four new $600 million (BD226.8 million) loan deals with three GCC countries to help with new electricity projects in Bahrain. Councillors backed Bahrain's move to get the loans from the Abu Dhabi Developm

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Schneider Electric, Areva clinch Iraq power deals

Iraq signed deals worth $52 million with France's Schneider Electric and Areva to build 15 power distribution stations in the southern oil hub of Basra, a government official said. Schneider Electric, has won a $29 million contract to buil

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