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Top Government Initiatives in Power

Read about all the government initiatives in Power

Egypt

  •  May 27, 2025

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam ..Read More

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam turbines and generators for Saudi Arabia's Ghazlan 2 and Hajar Expansion gas-fired power plants, each with a capacity of ~2,900 MW. The contracts were awarded by a joint EPC consortium of Spain's Técnicas Reunidas and Egypt's Orascom. Completion is expected by 2028, with Doosan providing four turbines (2x650 MW, 2x540 MW). The deal boosts Doosan’s presence in the Middle East power sector.
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Saudi Arabia

  •  May 22, 2025

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF ..Read More

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF’s Badeel, and SAPCO), signed a Solar PV Purchase agreement with Larsen & Toubro, Jinko Solar, and Neway Energy (NPT) for the 1,500 MW Al-Khushaybi Project in Qassim Province. The deal mandates 20% of PV panels to be locally manufactured, promoting localization, local content, and national manufacturing capabilities. This aligns with SPPC’s broader renewable energy expansion announced in June 2024.
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UAE

  •  May 19, 2025

Dubai Electricity and Water Authority (DEWA) has set a new Guinness World Record for the largest single-operat ..Read More

Dubai Electricity and Water Authority (DEWA) has set a new Guinness World Record for the largest single-operator concentrated solar power (CSP) plant at 700 MW, part of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase combines 600 MW from CSP parabolic basins, 100 MW from a CSP tower, and 250 MW from photovoltaic panels. The project also holds records for the tallest CSP tower (263.126m) and the largest thermal energy storage system (5,907 MWh). It supports Dubai’s net-zero 2050 goals.
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Kuwait

  •  May 16, 2025

Kuwait’s Ministry of Electricity, Water and Renewable Energy has invited bids for consultancy services for P ..Read More

Kuwait’s Ministry of Electricity, Water and Renewable Energy has invited bids for consultancy services for Phase 1 of the Nuwaiseeb Power Project. The project entails supplying, installing, operating, and maintaining gas turbine units in a combined cycle system with a capacity of 3,600 MW. Tender documents are available for KWD 1,000, with a bid security of KWD 62,000. The submission deadline is 12 August 2025.
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Oman

  •  May 15, 2025

Nama Power & Water Procurement Company (PWP), Oman has announced the qualified applicants for the Misfah (1600 ..Read More

Nama Power & Water Procurement Company (PWP), Oman has announced the qualified applicants for the Misfah (1600 MW, OMR 590M) and Duqm (800 MW, OMR 290M) IPP projects, scheduled for commercial operation in Q2 2029. These combined cycle gas turbine plants, totaling 2,400 MW, will be developed under a build-own-operate model with private sector participation. Qualified bidders include firms from Saudi Arabia, South Korea, Japan, Qatar, Singapore, and China.
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Saudi Arabia

  •  May 15, 2025

GE Vernova Inc. has announced energy initiatives worth up to $14.2 billion to support Saudi Arabia’s power g ..Read More

GE Vernova Inc. has announced energy initiatives worth up to $14.2 billion to support Saudi Arabia’s power generation and grid stability goals under Vision 2030 and its net-zero by 2060 target. This includes $2 billion in backlog or reservation agreements by Q1 2025, MoUs with Saudi Electricity Company, Aramco, ACWA Power, and others for advanced gas turbines, carbon capture, grid solutions, and R&D. GE Vernova also operates a major manufacturing and R&D facility in Dammam with over 850 employees.
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Saudi Arabia

  •  May 14, 2025

ACWA Power signed MoUs worth USD 500 million with major US companies during the Saudi–US Investment Forum in ..Read More

ACWA Power signed MoUs worth USD 500 million with major US companies during the Saudi–US Investment Forum in Riyadh, expanding its total partnerships with American firms to over USD 6 billion. The agreements cover collaborations with GE Vernova (gas turbines and grid systems), Baker Hughes (green hydrogen), KBR (ammonia and engineering services), and Energy Recovery (desalination efficiency). These partnerships support Saudi Arabia’s Vision 2030 and net-zero 2060 goals.
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Qatar

  •  May 11, 2025

Qatar’s Kahramaa has signed a strategic agreement with QatarEnergy, Qatar Electricity & Water Company, and J ..Read More

Qatar’s Kahramaa has signed a strategic agreement with QatarEnergy, Qatar Electricity & Water Company, and Japan’s Sumitomo Corporation for the development of the Ras Abu Fontas power and water facility, with a total capacity of 2400 MW and 110 MGD, and a cost of QAR 13.5 billion (USD 3.7B). The facility will supply 23% of Qatar’s power and 20% of its water needs, with phased commissioning starting April 2028 and full operations by June 2029. The project aligns with Qatar National Vision 2030 and supports sustainability, grid efficiency, and economic growth.
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