Saudi Arabia will have to pump US$100 billion into the kingdoms power sector over the next 10 years to meet rising energy demands which are set to increase dramatically.
Saudi to invest US$100 billion to meet energy demands
Energy
Lanka building five power plants near Mosul
The Turkish energy company Lanka has started constructing five new power plants in the Hamam al-Aleel district and Albu Saif village, 20 km south of Mosul.
World Bank to fund Egypt's power projects
Image credit to coptsunited.com
The World Bank will give Egypt up to US$1.14 billion dollars in support for electricity projects.
18 developers bid for Hassyan I power project
Dubai Electricity and Water Authority (DEWA) shortlisted 18 developers to participate in the 1500 MW Hassyan I Independent Power Project (IPP).
FEWA to build 4 new power plants
The Federal Electricity & Water Authority (FEWA) has started construction work on two power plants in Umm Al Qaiwain, while the tender process is underway for two more plants in the emirate.
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