Kuwait retenders transaction advisory role for country’s first power plant privatisation

Kuwait has retendered the transaction advisory (TA) role in the country’s first utilities asset up for privatisation – the North Shuaiba power...

Machinery

Half of 100mW-plus gas turbines in the region were supplied by Mitsubishi Power in 2020

Mitsubishi Power has secured 52% market share position in the Middle East in 2020 for 100mW and above heavy-duty gas turbines, making it the leader...

Construction

Acwa Power, Egypt signs power project worth $2.3bn

Saudi utilities developer Acwa Power signed a $2.3 billion power purchase agreement with the Egyptian Electricity Transmission Company (EETC), for a gas-fired...

Infrastructure

GE commits to supplying Iraq with enough power for 14 million homes

US-listed power giant GE says it has signed a Principles of Cooperation (POC) with the Iraqi Ministry of Electricity to further develop...

Infrastructure

Orascom Construction wins contract for Egypt power plan

Construction and engineering firm Orascom Construction has secured a $100m contract to build a new steam-turbine power plant in Walideya, Egypt. The...