Saudi Acwa plans $4bn renewables splurge next year
(The National - 26/10/2017)
Acwa Power International plans to spend US$4 billion on renewable energy projects next year, with plants to be developed in Dubai, Jordan, Egypt and Morocco, its chairman Mohammad Abunayyan said. Acwa Power will use project financing for the plants, with
QEWC reports over QR1.31bn net profit for nine months
(The Peninsula - 26/10/2017)
The Qatar Electricity and Water Company (QEWC) has reported a net profit of over QR1.31bn (net of non-controlling interests) for the first nine months of this year ended September 30 , up 6 percent compared to about QR1.23bn for the corresponding period
GE secures $141m contract to service turbines at Riyadh Power Plant 12
(PowerTechnology.com - 12/10/2017)
GE Power has received a contract from Saudi Electricity Company (SEC) to provide maintenance, parts, and repairs services for eight GE 7F.05 gas turbines installed at Riyadh Power Plant 12 (PP12). The $141m deal is valid for a period of nine years. As
Saudi Arabia sees progress in electricity privatisation
(Reuters - 12/10/2017)
Saudi Arabia's deputy electricity minister said on Wednesday he hoped for progress next year in privatising the power sector including the unbundling of state-run Saudi Electricity (SEC). "There have been some developments that required us to wait,"
Saudi Electricity Forum gets underway on Tuesday in Riyadh
(Arab News - 09/10/2017)
The Saudi Electricity Forum 2017 gets underway on Tuesday at Al-Faisaliah Hotel to discuss the issues and challenges facing the electricity sector with 500 participants expected to attend. With Saudi Energy Minister Khalid Al-Falih as patron, the forum
ONEIC BAGS RO2.8MN CONTRACT FROM RAECO
(Muscat Daily - 08/10/2017)
Oman National Engineering and Investment Co (ONEIC) announced that Rural Area Electricity Co (RAECO) has awarded a RO2.78mn contract to ONEIC. In a filing with the Muscat Securities Market, the company said the contract has been awarded for meter
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