Power Generation

EGA to save about US$1.36mn in energy costs each year

EGAEmirates Global Aluminium (EGA) has announced to save around US$1.36mn in energy costs each year by implementing energy conservation ideas from shop floor staff

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ACWA Power inaugurates US$465mn Salalah 2 IPP plant in Oman

ACWA OmanThe Greenfield Salalah 2 IPP project, with an aggregate capacity of 445MW, and an investment of US$465mn, was inaugurated by ACWA Power in Oman recently

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Iran plans to build small-scale power plants in the north

Iran PowerIran’s Energy Ministry has launched plans to establish 40 small-scale power plants with distributed generation systems in the Northern provinces of Mazandaran and Golestan with the help of the private sector

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Oman names advisors for privatising five power firms

Oman ElecOman’s state-owned electricity holding firm, Nama Holding, has appointed a consortium of advisors, jointly led by London Economics and Lazard Freres, to privatise its five subsidiary power distribution and transmission firms

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Saudi energy price reform posing challenge: APICORP

APICORP EnergyThe Arab Petroleum Investments Corporation (APICORP) has released the February issue of its monthly energy commentary, focusing on the major issues and trends shaping the energy landscape in the Middle East and North Africa

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