Challenging future for Saudi power
Article Abstract:
The power sector in Saudi Arabia is considered to be stable even though the price of oil has fallen. There is potential for new projects in the region because the likely demand for electricity over 20 years is immense. The Shoaiba project will involve the private sector. Falling oil prices, increased competition from IPP operators and the economic crisis in South-East Asia all make Saudi Arabia an attractive location for new projects. However, the legal system, current electricity tariffs, repayment plans and the structure of the industry all pose potential problems.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Brazilian sales pipeline bulging
Article Abstract:
The first auction for the Sao Paulo, Brazil state utility Companhia Energetica de Sao Paulo will occur on June 23. Its three separate companies, Paranapanema, Teite and Cesp expect to all be privatized by the end of the year. The auction, originally scheduled for May, was delayed due to injunctions given to Cesp's. American Electric Power and Tractebel are expected to take part in the sales.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Changing the chemical equation. Fisons' radical sales may not keep it independent
- Abstracts: Italimpianti bought by Mannesmann. US$1 offered for Bulgarian steel giant. Large Polish foundry sold
- Abstracts: 25 commit to advertising on BT interactive TV trials. Berlusconi's Publitalia ad sales arm under investigation
- Abstracts: Unleashing the tiger: market forces are driving the Asian nations toward open economies and free trade. Japan and U.S. should act as supportive anchors to APEC
- Abstracts: Satellite and cable television