Middle East Economic Survey

VOL. LIV

No 8

21-Feb-2011

REGIONAL

Crescent Investments And Inter Rao Sign Power Generation Cooperation Agreement

Crescent Investments, a wholly owned subsidiary of Indias Crescent Group, and Russias Inter Rao signed on 14 February a strategic cooperation agreement for a joint expansion of their power generation operations in the Middle East and North Africa (MENA) region. The companies see MENA electricity consumption growing at a double digits rate per year, a...