Energy

Iraq has awarded a US$125mn contract to a Saudi Arabian company to build a power plant with a total capacity of 150 MW in the southern city of Basra.

Saudi Electricity Company (SEC) has awarded contracts to local contractors to reinforce two existing power plants in the kingdom.

South Koreas Hanwha Engineering & Construction has won a US$1.05 billion order to build power and seawater desalination facilities in Yanbu Industrial City (YIC).

ABB, the leading power and automation technology group, has won an order worth around US$30mn from the Qatar General Electricity and Water Corporation (Kahramaa), the electricity and water operator in Qatar, to build two underground substations to help meet increasing residential and commercial demand for power in the capital city of Doha.