The public electricity corporation and the Saudi Fund for Development held talks in Sanaa on Sunday that focused on the projects financed by the fund in Yemen including the Marib gas-fired power station, Marib II, the Yemeni news agency Saba reported.
The 450-megawatt Marib plant II will be built by Bharat Heavy Electricals Ltd, which has already started working on the first turbine, Saba said.
The Saudi fund will contribute $100 million to the USD 392.7 million project, it continued.
The talks also found ways to tackle problems facing the acceleration of all projects financed by the fund in Yemen including the Dhamar-Aden power discharge project, according to the agency. This 132-supply line project is a key project that will discharge power from the Marib plant II, it said.
The Saudi fund contributed to the Marib gas-fired power station, Marib I, which has a capacity of 260 megawatts and other projects in Yemen.
Head of the delegation from the fund, Abdullah al-Shdowkhi, said the purpose of the visit was to get acquainted with progress and condition of the Yemeni projects financed by the fund.
"The visit also comes to find with the Yemeni authorities the suitable mechanism to complete the first stage of projects, especially after the situation gets better in the country," he said.
Yemen is facing currently electricity supply problems including persistent attacks on power towers that usually send the Marib plant out of commission and then cities are plunged into darkness for a long time.
When a new government was sworn in late 2011, it revealed plans to build more power plants including those to be operated by natural gas.
In March, a delegation from the US-Turkish Company PEG arrived in Yemen and offered to build a gas-fired power plant with a capacity of 1300 megawatts and the government said it was considering the offer.