image description
image description
Tell A Friend

FinancialNews


  • 02-02-17

    GCC power sector needs to expand at USD137bn

    (MENAFN) The GCC States, whose power capacity needs to increase at an average annual pace of 8 percent amid 2016/2020, will need USD137bn over the next five years.

    Additionally, the GCC power construction contractor awards are to expand 14 percent year-on-year to USD25.52bn this year.

    Meanwhile, the power capacity in the GCC recently shows 47 percent or 148GW of the current MENA power-generating capacity.

    Moreover, the GCC governments have increased water, elect and fuel prices to ease the burden on state budgets.

    MENAFN0202201700450000ID1095231633

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved