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Syria signs $7 bln power deal with Qatar's UCC Holding-led consortium

ReutersMay 29, 2025 12:15 PM

- Syria has signed a memorandum of understanding with a consortium of international companies led by Qatar's UCC Holding to develop major power generation projects with a foreign investment valued at about $7 billion, UCC said in a statement on Thursday.

The agreement involves building four combined-cycle gas turbine (CCGT) power plants with a total capacity of 4,000 megawatts (MW), plus a 1,000 MW a solar power plant in southern Syria.

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