The government of Saudi Arabia has planned to invest up to US$35.7bn in water and electricity projects in 2014, to cater to the Kingdom?s rising demand
Energy
Saudi Electricity seeks bids for hybrid gas-solar power plant
Saudi Electricity Company has invited bids to build, own and operate the Kingdom?s first fossil-fuel fired power plant, which will use solar energy to cut carbon emissions
MEDC launches Oman?s first prepaid electricity meter
The Muscat Electricity Distribution Company (MEDC) has launched Oman?s first prepaid electricity meter, called Sabiq, aimed at helping customers control their consumption of electricity in the sultanate
L&T to build power substations in Qatar
Larsen & Toubro (L&T) has announced that it has won a US$473mn contract to build power substations in Qatar
SEC signs US$366 million loan deal for Jeddah South Power Plant project
The Saudi Electric Company (SEC) has signed a US$366mn loan agreement with three Japanese banks to aid with the construction of a 2,650 MW power plant in Jeddah