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FINANCIAL NEWS
Bahrain’s $2b power plant to start operations in June
26 Apr 2010
(MENAFN) Bahrain’s huge $2 billion new power and water plant will start commercial production of electricity in the next two months, aiming to meet the country’s rising demand for power, TradeArabia reported.
EWA distribution and customer services deputy chief executive, Adnan Fakhroo, said that the 1,234 mw Al Dur Independent Water and Power Project, located on Bahrain’s South Eastern coast, will begin commercially producing 400 mw by the end of June. The plant will be fully commissioned in June 2011.
Fakhroo pointed out that the plant’s water output will be nearly 48 million gallons and that would also go into full production by next year.
He added that the backbone transmission system is also being expanded equally with the introduction of 10 new 220 kilowatt sub stations and 29 new 66 KV sub stations in the next two years.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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