The International Bank for Trade and Finance (IBTF), a local commercial bank, has issued a EUR 64 million bridge loan to part-finance a turnkey power project.
Bharat Heavy Electrical Limited (BHEL) has issued a tender for the construction and infrastructure works on the site the Indian company will build two 200MW turbines.
The Syrian Government has launched a second pre-qualification round for the development of a 180 to 250 MW independent power plant in Nassirieh, north of Damascus.
A presidential decree, passed on April 21, has approved the loan agreement signed earlier this year with the Saudi Fund for Development (SFD) to part finance the extension of the Nassirieh Power Plant.
Marafeq has signed an agreement with Danish engineering firm Vestas to develop jointly a wind farm with a generation capacity of up to 100 MW.
The Syrian Qatari Holding has announced the signature of the principles of agreement with the Qatar Electricity & Water Company, a Qatari utility, to build two power plants in Syria.
TurboCare SpA will put into operation the first of the two gas turbines it is installing in the Banias Power Plant within the next sixty days, according to the company.
Mott MacDonald, a UK-based consultancy, has been appointed to advise on Syria's first independent power project.
Demand for electricity in Syria increased by 5.9 percent in 2009, according to the Public Establishment for Electricity Generation and Transmission.
Syrian-Qatari Holding, Syria's largest holding company with a declared capital of USD 5 billion, has called on companies to start submitting requests for pre-qualifications as potential strategic partners, technical consultants, and legal advisors fo...
Syria and Lebanon renewed on December 29 an electricity supply agreement for an additional year.
Syria’s Ministry of Electricity has awarded two new EPC projects that will add 1,050 MW in power capacity.
TERNA Group of Greece will compete with Cham Holding for the country's first Independent Power Plant project in Nassirieh, according to Qussay Kayyali, Minister of Electricity.
The Board of Directors of Cham Holding, one of Syria’s largest holding firms, met last week with Prime Minister Naji Otri to provide an update on the projects developed by the company.
Syria has been facing severe power cuts since mid-July as output is failing to cope with growing demand, raising an outcry from the public.