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Home2025March

Month: March 2025

Power

Oman National Engineering awarded 220kV Grid Station

March 18, 2025 Mohammad S
Oman National Engineering & investment Company SAOG (ONEIC) announces that it has awarded a contract, Construction of Mahadha 220kV Grid Station. The value of the …
Power

Scatec Signs PPA for 1.1 GW Solar PV and 100 MW BESS with Egypt Aluminium

March 16, 2025 Mohammad S
Scatec ASA, Norway announces that it has signed a 25-year USD-denominated corporate Power Purchase Agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV …
Construction

Oman awards Major Roads, Ports, and Maritime Services Contract

March 14, 2025 Mohammad S
The Ministry of Transport, Communications and Information Technology, Oman signed three strategic agreements related to roads, ports, and maritime services. The step is pursuance of …
Power

Doosan Enerbility awarded $610.7 million PP12 Power Plant Contract

March 14, 2025 Mohammad S
Doosan Enerbility, South Korea announces the signing of a construction contract with the Saudi Electricity Co. (SEC) for the PP12 Combined Cycle Power Plant. The …
Power

SEPCO3 and Doosan Consortium Signs Rumah 1 and Nairyah 1 Power Plants Contract

March 13, 2025 Mohammad S
SEPCO3, Doosan Enerability signed the EPC contract for the Rumah 1 and Nairyah 1 combined cycle power plant projects with the developer consortium consisting of …
Oil and Gas

UAE’s NMDC Energy awarded $2.6 billion Contract

March 13, 2025 Mohammad S
NMDC Energy P.J.S.C., UAE announces that it has received a letter of award for a local project. The value of the contract is AED 9.7 …
Power

GS Inima Signs Power Purchase Agreement for Barka 5 PV Plant

March 13, 2025 Mohammad S
GS Inima announces that it has reached a significant milestone in its commitment to sustainable operations by executing a Power Purchase Agreement (PPA) for the …
Construction

Diriyah Company signs $1.6 billion financing agreement with Banque Saudi Fransi

March 13, 2025 Mohammad S
Diriyah Company, Saudi Arabia announces that it has secured a USD1.6 billion (SAR 6 billion) financing agreement from Banque Saudi Fransi (BSF) to fund the …
Power

Doosan Enerability awarded $1.54 billion Rumah 1 and Nairyah 1 Power Plants

March 13, 2025 Mohammad S
Doosan Enerability, South Korea announces that it has signed a contract for the construction of Rumah -1 and Al-Nairyah -1 gas-fired combined cycle power plant …
Water

L&T and Lantania JV awarded Ras Mohaisen Desalination Plant Contract

March 13, 2025 Mohammad S
The Water & Effluent Treatment (WET) Business of L&T, along with Lantania of Spain, has signed a contract with ACWA Power, a major developer in …

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Finance

ACWA Power and ADB to Build Central Asia’s First Wind Power Plant with Battery Energy Storage

September 12, 2025
The Asian Development Bank (ADB) and ACWA Power Company (ACWA Power) signed a $51 million loan package to build the Nukus 2 Wind and Battery …
Power

UAE’s EWEC supplies Mediclinic with clean energy

August 17, 2022
The Emirates Water and Electricity Company (EWEC) announced that it has entered a clean energy agreement with Mediclinic Middle East. The agreement will see EWEC’s …
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Kuwait’s HEISCO Secures $186.12 million Power Infrastructure Contract

January 5, 2026
Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait has announced that it has received an official award letter from the Ministry of Electricity & Water …
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