GE lands $500m contract set from SEC
Saudi Electric Company awards turbine contracts to General Electric
Saudi Arabia’s state utility company SEC has awarded General Electric a set of contracts worth more than $500 million, aiming to boost the nation’s power generating capacity by 1,680 megawatts.
The terms of the deal will see GE – already the largest supplier of turbines to the utility company – provide equipment and technology to four projects in the Kingdom, including the 600 megawatt expansion of the Qurayyah power plant, two 480 megawatt power plant expansions in Riyadh and Qassim, and a 120 megawatt expansion near Tabouk.
Engineering, procurement and construction work will be overseen by Saudi-based company Arabian Bemco Contracting at the Qurayyah, Qassim and Riyadh sites, and by Al Toukhi Construction group at the Tabouk facility.