ABB wins $78mn order for Saudi power plants
Swiss-based firm to supply transformers to two combined cycle units.
ABB has won an order worth $78 mn from Saudi Arabia’s national power transmission and distribution operator, Saudi Electricity Company (SEC).
The Zurich-based will supply transformers for two new combined-cycle power plants that will boost transmission capacity around the capital, Riyadh, and surrounding areas of the Central Region.
ABB will deliver generator step-up (GSU) transformers, power transformers and station service transformers for SEC’s combined-cycle power plants, it said in a statement today.
“These transformers will enable more electricity to reach consumers and meet growing industrial and household demand in the region,” said Bernhard Jucker, head of ABB’s Power Products division.
Saudi Arabia faces rising demand for electricity, driven by an increase in population and industrial growth led by petrochemicals.
In response, the country plans to boost power-generation capacity by more than 50% from less than 60 GW to approximately 91 GW by 2020, and in the longer term, Saudi Arabia has the ambition to more than double the existing capacity.
Transformers are integral components of an electrical grid, and essential for the efficient and safe conversion of electricity between different voltage systems.
ABB’s transformer portfolio includes power transformers rated up to 1,200 kV, dry- and liquid-distribution transformers, traction and special application transformers as well as related services and components.