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IPP

Saudi Electricity plans big fuel oil power plant

Saudi Electricity plans big fuel oil power plant

Saudi Electricity (SEC) is looking for companies to build and operate a 1,700-megawatt (MW) independent power plant (IPP) running on fuel oil, the state-controlled utility said on Monday.

March 5, 2012 1:17
 

Dubai power plant bidders offered $200M finance

UAE banking group Emirates NBD and HSBC have made a $200 million stapled debt facility available to bidders interested in constructing a new power plant for state utility Dubai Electricity and Water Authority (DEWA), an Emirates NBD statement said on Tuesday.

September 28, 2011 2:25