Power Generation

Egypt is expanding its power capabilities

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Egypt is in the process of expanding the country's power capabilities by building new power plants and is taking the first step to the creation of an Egyptian Electricity Market which would be a first for the region.

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Syria builds new power plant

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

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New power plant in Saudi

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

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Abu Dhabi commissions new power plant

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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.

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Turkish companies enter Iraq

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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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