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Power

New projects

Desalination plant

Qatar planning next Ras Abu Fontas water projectSubscription

27 April, 2016 By

Desalination plant would be seventh major desalination plant at Ras Abu Fontas

Renewables

Dubai tenders consultancy deal for green free zone Subscription

29 February, 2016 By

Free zone will form part of emirate’s Clean Energy Strategy 2050

Wastewater

Abu Rawash delayed by currency crisisSubscription

23 February, 2016 By

Scarcity of dollars delays construction and financing

Kuwait Projects

KAPP extends project deadlinesSubscription

16 February, 2016 By

Bidders ask for more time to prepare bids

Solar panels

Egypt prepares to sign renewables power agreementsSubscription

16 February, 2016 By

Changes made to arbitration but not currency clauses

Renewables

Saudi Arabia invites bids for first major renewables projectsSubscription

18 January, 2016 By

Projects will be developed under the independent power producer (IPP) model

Wind power

Gulf of Suez wind developer closes in on dealSubscription

15 December, 2015 By

Consortium aims for financial close in early 2016

Power plant

Bahrain pushes ahead with plans for next major power projectSubscription

5 November, 2015 By

Al-Dur 2 will be developed as an independent power project

Electricity substation

Iraq to tender emergency substation projectSubscription

3 November, 2015 By

Project is expected to be worth $300-400m

Electricity substation

Gas-insulated switch gear plant under study Subscription

2 November, 2015 By

Japanese - Saudi joint venture currently prequalifying with Saudi Electricity Company

Project bids

Reverse osmosis desalination plant

Developers invited to prequalify for UAE private water plantSubscription

3 May, 2016 By

Independent water project will have capacity of 45 million imperial gallons a day

Waste-to-energy plant

Dubai preparing to tender waste-to-energy projectSubscription

28 April, 2016 By

The first phase of the scheme is planned to have a minimum capacity of 2,000 tonnes a day (t/d)

Solar power

Abu Dhabi invites bids for 350MW solar projectSubscription

27 April, 2016 By

Solar project will be developed as an independent power project (IPP)

King Abdullah Economic City

Prequalification invited for Saudi utility project Subscription

14 April, 2016 By

The deadline for submissions is 17 April

Solar power

Dubai extends submission date for 800MW solar schemeSubscription

11 April, 2016 By

Project will be third phase of Mohammed bin Rashid al-Maktoum park

Water pipeline

Oman invites prequalification for water transmission schemeSubscription

7 April, 2016 By

Contractors have until 16 May to submit entries

Power plant

Dubai extends deadline for power plant expansion roleSubscription

5 April, 2016 By

Bid submission date extended by three weeks for consultancy tender

Power plant

Kuwait extends deadline for power projectSubscription

22 March, 2016 By

Scheme will increase capacity of existing plant by 750MW

Project awards

Electricity transmission

GE to connect 7GW of power in EgyptSubscription

20 April, 2016 By

French components make up 50 per cent of the total project scope

Reverse osmosis pipes

Oman signs water project agreementSubscription

14 April, 2016 By

Developers will sign financing soon

Wastewater

French firm wins Ras Laffan wastewater contractSubscription

12 April, 2016 By

Wastewater treatment plant will reduce water injection of existing wells

Steam turbines

Ansaldo wins Oman IPP turbine contractsSubscription

14 March, 2016 By

Italian firm will provide power equipment for 3,219MW power plants

Egypt's Abu Rawash wastewater treatment plant s being developed as a public-private partnership project

Toshiba subsidiary wins Oman wastewater dealSubscription

10 March, 2016

Company will build treated effluent and recycling facilities at Sohar port

Solar

Jordan signs solar agreementsSubscription

21 February, 2016 By

Photovoltaic solar plants will have capacities of 50MW

Power plant

GE wins Iraq power contractsSubscription

27 January, 2016 By

US firm will install equipment at 10 sites around the country

Desalination

Austrian firm appointed for UAE IWPSubscription

13 January, 2016 By

Umm al-Qwain desalination plant will one of the first independent water projects in the UAE

Financing

Photovoltaic solar power

Financiers raise concerns over solar pricingSubscription

4 May, 2016 By

Current tariff levels may not be sustainable

UAE firm signs Egypt solar agreement

Record low Dubai solar bid based on technical costsSubscription

4 May, 2016 By

Bidder’s banking group say cost of finance not unusual

Power plant

IFC arranges Iraq power plant financing packageSubscription

28 April, 2016 By

Debt and equity package will include IFC’s first Islamic syndicated loan

Cairo, capital city of Egypt

Egypt Mega Projects

17 April, 2016

15 November 2016 : The road to delivering major projects in Egypt

Wind power

Morocco negotiates for wind farm loansSubscription

14 April, 2016 By

Development banks committed to wind project

Reverse osmosis pipes

Oman signs water project agreementSubscription

14 April, 2016 By

Developers will sign financing soon

Power plant

Bank joins Egypt power financingSubscription

12 April, 2016 By

$9bn deal had already secured $6bn of loans

Desalination plant

Oman IWP developers prepare to sign agreementsSubscription

10 April, 2016 By

Local banks finance water project

Updates

Power plant

Dhuruma refinancing used Mirfa mini-perm structureSubscription

16 March, 2016 By

‘Significant reduction’ in rates

Dead Sea, Jordan

More time given for Dead Sea project prequalificationSubscription

24 February, 2016 By

Contractor will finance 70 per cent of the project

Combined-cycle power plant

Egypt to select Acwa Power for Dairut IPP imminentlySubscription

17 February, 2016 By

Saudi developer will be selected to develop 2,250MW Dairut IPP

Coal-fired power plant

Dubai may double capacity of Acwa Power’s coal projectSubscription

11 February, 2016 By

Saudi developer may win deal for 2,400MW coal project, rather than the original 1,200MW

Solar

Saudi Arabia plans solar desalination plant as IWPSubscription

20 January, 2016 By

Plant will have a capacity of 60,000 cubic metres a day (cm/d)

Power plant

Saudi Arabia awards $1bn Waad al-Shamal power contractSubscription

3 January, 2016 By

The 1,390MW plant will contain combined-cycle and solar power components

Deadline extended again for Saudi power plant

Saudi power company seeks refinancingSubscription

20 December, 2015 By

Companies hoping for better terms on long-term finance

Power plant

Saudi Arabia considers bringing back IWPP modelSubscription

14 December, 2015 By

Last time independent water and power model was implemented in the kingdom was 2007

Power trends

Saudi Arabia

Riyadh shifts gears on projects spendingSubscription

12 April, 2016

Saudi Arabia is expected to return to building power and water capacity using the developer market, and is said to be exploring public-private partnerships for transport schemes

Mena contract awards March 2916

Middle East contracts awarded: March 2016Subscription

10 April, 2016

44 contracts totalling $12,834m were awarded in March 2016

GE

GE transforms power services business with Alstom dealSubscription

5 April, 2016 By

Acquisition doubles size of US firm and the market available

Utilities has the largest number of corporate issuers

GCC corporate debt issuers to feel impact of low oil price Subscription

29 March, 2016 By

Banking and government stresses raise refinancing risk

Tehran, capital city of Iran

Open Iran creating major opportunities for businessesSubscription

14 March, 2016 By

Foreign investment in Tehran will help fund an era of growth

Queen Alia airport

IFC steps up counter-cyclical investmentSubscription

10 March, 2016 By

Conflict and oil prices drive demand for development bank support

Solar power

The drive for solar in the Middle EastVideo

25 February, 2016 By ,

In the latest podcast MEED outlines government plans for greater power generation efficiency, the need for improved energy security and discuss plans in Saudi Arabia and Dubai

Olivier Musset, Societe Generale

Middle East is still a growth marketSubscription

25 February, 2016 By

Olivier Musset, global head of energy at French bank Societe Generale, tells MEED the lender is not worried about tightening liquidity

Advantages of employing renewables

Rethinking energySubscription

23 February, 2016 By

Why the Middle East is shifting its energy mix

MEED comment

Andrew Roscoe

Dubai’s record solar tariff is game changerSubscription

3 May, 2016 By

The bids submitted for emirate’s next solar project are lower than conventional power schemes

Andrew Roscoe

Take two for Saudi Arabia's renewables programmeSubscription

26 April, 2016 By

New renewable energy target offers great hope, but lessons must be learned from past mistakes

Andrew Roscoe

Water projects offer opportunitiesSubscription

17 April, 2016 By

Demand remains for residential and industrial desalination and wastewater schemes

Philippa Wilkinson

Egypt dollar shortage threatens development plansSubscription

7 April, 2016 By

Investors, developers and manufacturers need hard currency

Richard Thompson

Japan moves to restore Iran ties

18 March, 2016 By

Tokyo seeks to build on historic ties and supportive economic policies

Andrew Roscoe

Morocco cements position as region’s renewables leaderSubscription

17 March, 2016 By

Rabat is making impressive progress towards reaching its 42 per cent renewable energy goal

Philippa Wilkinson

The return of international banksSubscription

17 March, 2016 By

Growing space for global lenders in GCC finance may not be attractive

Andrew Roscoe

Region commits to nuclear powerSubscription

8 March, 2016 By

Algeria is the latest state to make progress with atomic energy plans

Special reports

Qatar

Doha seeks to keep spending on projectsSubscription

24 February, 2016 By James Gavin

With the 2022 Fifa World Cup only six years away, Qatar cannot afford to take time off

Power developers rethink funding

Power developers rethink fundingSubscription

23 December, 2015

Welcome to the Middle East Power guide, produced by MEED in association with HSBC

Power plant

Power: Delaying projects is not an optionSubscription

27 October, 2015 By

Consumption of electricity will remain strong as populations continue to grow at a rapid rate

Sharjah city in the UAE

UAE: Northern emirates feel property pinchSubscription

10 September, 2015

There are concerns over the ability of the UAE’s smaller emirates to ride out the latest real estate slowdown

Power

Power & Water: Drive towards efficiencySubscription

15 July, 2015

Most of the power plants being planned in the GCC today are combined-cycle facilities

Power presentations

Top 10 projects

Q2 Rank Project Name Country Contract value ($m)
1 Barakah Nuclear Power Plant Reactor 3 UAE 4,000
2 Rabigh Power Plant Extension: Phase 6 Saudi Arabia 3,400
3 Shuqaiq Steam Power Plant Saudi Arabia 3,300
4 Jeddah South Thermal Power Plant Saudi Arabia 3,120
5 Barakah Nuclear Power Plant Reactor 1 UAE 3,100
6 Qurayyah IPP 1 & 2 Saudi Arabia 2,850
7 Barakah Nuclear Power Plant Reactor 2 UAE 2,500
8 Ras Al-Khair Power Plant Saudi Arabia 2,420
9 Attarat Um Ghudran Power Plant Jordan 2,200
10 IGCC Power Plant, Jizan Refinery complex: Combined Cycle Power Plant Saudi Arabia 2,100
Click through to the full data table on the power sector's biggest projects in execution
Click through to MEED's Q3 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: November 2014

Projects trends

Projects planned or under way 1 April 2016

Iran triggers mild fall on projects indexSubscription

6 April, 2016

South Pars phase 19 has been completed

Companies

Aktor logo

AktorSubscription

Aktor is a Greek construction company providing project management, mining, power and contracting services

Al Ayuni Investment and Contracting Group logo

Al Ayuni Investment and Contracting GroupSubscription

Al-Ayuni Group or Al Ayuni Investment and Contracting Group is headquartered in Riyadh, Saudi Arabia and registered as a general contractor in 1972. The company operates across road, rail, construction, water, gas and energy.

People

Andrew WardSubscription

28 January, 2015Updated: 5 February, 2015

Andrew Ward is managing partner at Dentons Abu Dhabi

Rajan PhakeySubscription

28 January, 2015Updated: 5 February, 2015

Rajan Phakey is partner at Dentons Abu Dhabi UAE

Jon NashSubscription

28 January, 2015Updated: 5 February, 2015

Jon Nash is partner at Dentons Abu Dhabi

Sander TrestainSubscription

16 October, 2014

Sander Trestain is founding partner and executive director of projects Enviromena Power Systems

Erik VoldnerSubscription

2 October, 2014Updated: 6 October, 2014

Erik Voldner is founding partner and executive director of operations Enviromena Power Systems

John Abi-HannaSubscription

27 July, 2014

John Abi-Hanna is business development director, water, Middle East for Black & Veatch

Meet the analyst


Andrew Roscoe
Power & Water Editor


Phone: +971 (0)4 818 0237
Email: andrew.roscoe@meed.com

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Tenders

Saudi Arabia: Sanitation and solid waste collection servicesSubscription

4 May, 2016 By

Provision of sanitation and solid waste collection services for an industrial area

MEED events

The proliferation of utilising 3D modelling in science, design and engineering has meant the region’s hydrocarbons industry now values candidates with experience in innovation and technology

Middle East Innovation Forum

November 2016: An outlook on the Middle East’s future in technology, innovation and efficiency