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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.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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BBK hosts executive leadership session on digital assets in collaboration with Rain
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