Middle East Economic Survey
SEC Extends Bidding Deadline For Riyadh Power Plant
State-owned Saudi Electricity Company (SEC) has extended from 7 to 20 December a deadline for bids to build a new power plant near Riyadh at an estimated cost $2-2.5bn. Located 125km west of Riyadh in Dhurumah, the combined cycle plant is expected to begin operations in May 2012, and will have a capacity of 2.0gw. The Riyadh PP11 independent power plant (IPP) will normally be...