#power plants

Saudi Electricity Company and India’s NTPC sign MoU to create a joint venture for power plant services, technology exchange, and project development.

Grupo Cox buys 15 plants and 12 GW pipeline for $4.2 B, boosting its expansion plans and partnering with Mexico’s state utility CFE.

Iraq’s Ministry of Electricity has upgraded 12 crucial power plants together with GE Vernova as part of a modernization project covering 46 gas turbines supplied by the company.

Siemens Energy is supplying key power plant technologies that will provide almost 4 GW to the Saudi Arabia.

The total financing amount for each project is SAR5.69 billion ($1.52 billion), with a term of approximately 28.1 years.

Azerenerji OJSC carries out reconstruction and repair work at power plants and substations in order to improve the supply of electricity to Baku.

The State Grid Corporation of China to build a 1.1 million volt transmission line that will be able to deliver the output of 12 large power plants over 3,200 km

Bangladeshi Prime Minister Sheikh Hasina has inaugurated six power plants, nine grid substations and one specialized electrification project to ensure total power coverage in 12 administrative regions.

Saudi Arabia: Saudi Electricity Company (SEC), the largest power producer in Saudi Arabia, has recently allocated $34 million for setting up new transformer stations, power plants and electricity transmission networks in a bid to boost the kingdom’s power infrastructure.

Indonesia, Jakarta: PT Sintra Power Elektrik is investing $20 million in setting up a new transformer manufacturing plant in Cikarang, West Java province.

HA NOI (VNS) – Electricity of Viet Nam (EVN) plans to raise VND600 trillion (US$27.9 billion) in the period between 2016 and 2020 via official development assistance loans, as well as domestic and international bonds, in order to fulfill an investment demand.