ACWA Power secures financing for two power plants
The total financing amount for each project is SAR5.69 billion ($1.52 billion), with a term of approximately 28.1 years.
#power plants
Azerbaijan reconstructs power supply system of Baku
Azerenerji OJSC carries out reconstruction and repair work at power plants and substations in order to improve the supply of electricity to Baku.
China to build 1.1 million volt transmission line
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
Six power plants and nine substations inaugurated in Bangladesh
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.
$34M set aside for new transformer stations and other projects
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.
New transformer plant built in Indonesia
Indonesia, Jakarta: PT Sintra Power Elektrik is investing $20 million in setting up a new transformer manufacturing plant in Cikarang, West Java province.
Electricity of Viet Nam to invest US$27.9 billion in power plants and grids
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.