The investments account for nearly 46 per cent of the total capital required for electricity development projects in the Middle East and North Africa (MENA), said the report by Apicorp - Image : bfg-global.com
Gulf oil producers are expected to pump more than US$58 billion into projects over the next five years to expand their power generation capacity to meet growing domestic demand, according to an official Arab report.
Saudi Electricity Company (SEC) launched Saudi Arabia?s first solar-powered electricity-generating power station.
Saeed Mohammed Al Tayer, MD & CEO of DEWA, said:
Dubai Electricity and Water Authority (DEWA) has decided to extend the final date of receiving bids for the Independent Power Project of Hassyan-1 till 12th December, 2011.
The 9FA Gas Turbines are equipped with GEs dry low NOx (DLN) combustion technology to support lower emissions at Giza North and Banha power plants.
GE has signed contracts totaling US$300mn to supply six gas turbines and associated services to the Egyptian Electricity Holding Company for two new combined-cycle power plants near Cairo that will support Egypts rapidly growing energy needs.
