Ministry of Energy signs the final concession agreements to build and operate eight power plants with a total capacity of 5000 MW with a foreign consortium led by UCC Holding

Damascus, Syria: The Ministry of Energy in the Syrian Arab Republic today signed the final concession agreements to build and operate eight new power...

Damascus, Syria: The Ministry of Energy in the Syrian Arab Republic today signed the final concession agreements to build and operate eight new power generation stations with a total capacity of 5,000 megawatts, with the international consortium led by Urbacon Holding, through its subsidiary Urbacon Concessions Investment, and in partnership with Kalyon G.I.S. Energy, Cengiz Energy, and Power International (USA).

This signing comes as part of the Qatari project package in Syria, and as an extension of the Memorandum of Understanding signed on May 29, 2025, which laid the general framework for strategic cooperation in the energy sector and set the practical foundations for initiating the rehabilitation and development of the country’s electrical infrastructure. Following the signing of the MoU, preparatory engineering and technical works were completed, including field surveys for the plant sites and the necessary technical studies, to enable immediate commencement of implementation.

The agreements were signed at the Ministry of Energy headquarters in Damascus between HE Eng. Mohammad Al-Bashir, Minister of Energy of the Syrian Arab Republic, and Ramez Al-Khayyat, President of UCC Holding, in the presence of representatives of the consortium companies, and officials from the Ministry, the Syrian Energy Company, and the Syrian Electricity Company. This step reflects the transition from contractual, technical, and financial preparation to direct on-ground execution.

The final contracts include the construction and operation of four high-efficiency, natural-gas-fired combined-cycle power plants, namely the North Aleppo Power Plant (1,200 MW), the Deir Ezzor Power Plant (1,000 MW), the Zayzoun Power Plant (1,000 MW), and the Mhardeh Power Plant (800 MW). In addition, the agreements include the implementation of solar renewable energy projects with a total capacity of 1,000 MW distributed across four locations: Widian Al-Rabee (200 MW), Deir Ezzor (300 MW), Aleppo (300 MW), and Homs (200 MW).

These projects will be executed using the latest advanced technologies in performance, efficiency, and reliability, in accordance with the highest global standards for environmental and public safety considerations, and based on an accelerated implementation schedule that ensures phased commissioning and timely entry into service.