Syria is extending yet again the deadlines for tenders to build power plants.
The state power distribution utility has signed dozens of contracts with Iranian, Chinese, and Korean companies for the supply of electrical equipment in the last two years, according to a state daily.
Monday evening, electricity was being gradually restored in several parts of southern Syria after outages of more than three days.
Attacks on Syria’s gas infrastructure are continuing, leading to an increase in power cuts across the country.
The Syrian power generation utility is extending the deadlines for several tenders as it fails to attract interest from foreign contractors.
Starting next September, electricity rates for businesses will increase in Syria as the government seeks to reduce the cost of its subsidies.
The lack of fuel oil is the main reason for the decline in the production of electricity, according to state officials.
Syria has signed contracts worth EUR 40 million for the import of electrical equipments from Iran.
BHEL, the Indian engineering firm, has said that its sole project in Syria had come to a halt because of the deteriorating security conditions.
The Syrian government has managed to procure spare parts and equipment from “friendly” countries to enhance its power sector, the Minister of Electricity has said.
The Syrian government has extended the deadline to bid for two new power plants as fears over the conflict and international sanctions keep foreign bidders away.
The Minister of Electricity has said that the power outages of the last two years had inflicted a loss of some SYP 218 billion on the Syrian economy.
The state entity in charge of the country’s electricity distribution network said that it accumulated losses of at least SYP 15 billion since the beginning of the uprising in the country two years ago.
Syria has extended for the second time the closing date for a tender to build a 500 MW power plant in Al-Zara, near Homs.
The Syrian Minister of Electricity has said that 3,000 MW of power generation capacity is unused because of the damages inflicted on the country’s power grid.
The Green Economy
Damascus Chamber of Commerce
Damascus International Fairground