Free press releases distribution network?

More news: Energy
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Power Generation Spending in Saudi Arabia Expected to Be $100 Billion Between 2011 and 2020 Says Frost & Sullivan - Rapid economic growth has been envisaged in Saudi Arabia in this decade across sectors such as petrochemicals and plastics, power, water and wastewater, infrastructure, and metals and mining
Power Generation Spending in Saudi Arabia Expected to Be $100 Billion Between 2011 and 2020 Says Frost & Sullivan

 

PRZOOM - /newswire/ - Dubai, UAE, United Arab Emirates, 2011/07/13 - Rapid economic growth has been envisaged in Saudi Arabia in this decade across sectors such as petrochemicals and plastics, power, water and wastewater, infrastructure, and metals and mining.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

This, in turn, is expected to lead to a significant increase in power generation in the country. With the private sector's contribution in power generation expected to grow from 7.4 per cent to over 17 per cent by 2020, the total spend on power between 2011-2020 is pegged at approximately $100 billion.

This surge in power generation is expected to contribute towards an increase in spend on power transmission and distribution (T&D) as well, especially looking at the regional interconnectivity needs and the demand for infrastructure arising from industrialization and urbanization. Frost & Sullivan forecasts a cumulative investment of $30 Billion on Power T&D infrastructure in Saudi Arabia between 2011 and 2016. This is required to develop 4,500-5,000 km of new network infrastructure, and to cater to an increase in customer base by a significant 26 per cent. This would involve $8-10 Billion being spent cumulatively on T&D lines, $7.5-8 Billion on transformers, and approximately $5.5-6 Billion on switchgears.

According to a Frost & Sullivan upcoming Report on 'The GCC Power and Distribution Transformers Market 2010,' the Saudi Arabian power transformer market was estimated to be worth approximately $1 billion in 2010, of which locally-manufactured transformers amounted to $70 million only. The Research Report highlights the need for a skilled workforce with technical capabilities to accelerate local manufacturing. Frost & Sullivan recommends that Saudi Arabia's robust and diversified power strategy can be empowered by developing local vendors for supplying components to transformer manufacturers. The region can look at developing local skill and expertise to tackle the issue of unemployment, thereby contributing towards Saudization.

"Some key challenges faced by the Power T&D Sector in Saudi Arabia today include the constant need of investments to meet peaking demand, lack of coordination between the stakeholders, insufficient focus on energy efficiency, need for technology adoption, lack of qualified manpower, and lack of finances especially for the highly-priced energy-efficient equipment", says Frost & Sullivan Energy and Power Systems Industry Manager Abhay Bhargava.

The Frost & Sullivan Report recommends that the Saudi Arabian power sector should develop localised Saudi manufacturing enterprises, which would help address most equipment requirements of the power T&D market in the country, thereby promoting national enterprises. A critical challenge to the development of the Saudi Arabian power market is the lack of a technically capable workforce. To address this, the country needs to foster an environment that encourages joint ventures, with a focus on technology transfer and development of local talent. The Report also recommends industry involvement in course development, to ensure relevance of training with industry requirements, and concludes with insights on the kind of opportunities that the next 5-10 years will bring up in the country.

If you are interested in more information on this Report, please send an email with your contact details to Tanu Chopra / Deepshri Iyer, Corporate Communications, Frost & Sullivan, at tanu.chopra[.]frost.com/deepshrii[.]frost.com

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Contact:
Nimisha Iyer, Corporate Communications – South Asia and Middle East
P: +91 98200 50519 / F: +91 22 2832 4713 / E: niyer[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Power Generation Spending in Saudi Arabia Expected to Be $100 Billion Between 2011 and 2020 Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Tanu Chopra / Deepshri Iyer 
+91 22 6607 2037 / +91 22 6607 2003 tanu.chopra[.]frost.com / deepshrii[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Press Releases:

Enel Begins Operations At World’s First Commercial Geothermal-hydro Hybrid Power Plant
Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today