SYDNEY, AUSTRALIA: New Energy Solar has agreed to sell a 50% interest in Mount Signal 2 (MS2) for US$52 million subject to final confirmatory due diligence, completion of binding documentation, and a performance-linked payment structure. New Energy Solar has agreed to sell a 50% interest in NEW’s MS2 solar power plant in California to NextPowerIII…
All posts tagged power plant
Construction of 900MW RLNG based power project to start next month
KARACHI, PAKISTAN: The construction of K-Electric’s $650 million 900MW RLNG-based Bin Qasim Power Station (BQPS)-III will commence in December. The project has received all required approvals and is part of KE’s planned initiatives resulting in investments of around US$3 billion across the power value chain over the next few years. The project was conceived in…
CPHGC and GE announce completion of 1,320MW power plant
KARACHI: China Power Hub Generation Company (Pvt.) Limited (CPHGC) and GE have announced successful completion of 1,320 MW power plant in Balochistan, which would lighten up to 4 million Pakistani homes. Under an agreement signed in 2016, GE supplied the project’s engineering, procurement and construction (EPC) contractors Northwest Electric Power Design Institute Co. Ltd. (NWEPDI)…