Iraq’s $80 B for power projects
The investments are necessary due to an economic boom and population increase.
The investments are necessary due to an economic boom and population increase.
UAE, Dubai: Governments in the MENA countries plan to implement $250 B worth of power projects including $93 B worth of committed projects.
Pakistan has chalked out a comprehensive plan to develop 120 new power projects in a bid to add 74,448 MW of production capacity to the system till 2040, mostly from hydro, domestic coal and renewable sources including wind and solar.
Egypt’s Ministry of Electricity has finalised negotiations for three power projects valued at $7 billion and is ready to finalize the contracts for all three projects.
MEDAK: Chief Minister K Chandrasekhar Rao announced that his government is about to commence power projects which will generate 25,000 MW in total. The plan is to invest over Rs 90,000 crore ($14 billion) in the period of the next four years.