Middle East Economic Survey

VOL. LIV

No 50

12-Dec-2011

SAUDI ARABIA

SEC Awards $300Mn Gas Turbines Contract To GE

Saudi Electricity Company (SEC) on 5 December signed contracts with GE worth a total $300mn for the supply of 13 gas turbines and associated services for the expansion of six power plants throughout the kingdom. A GE statement said the expansions would add 800mw of generating capacity to the Saudi grid by the summer of 2013, in time to support peak electricity demands and reduce...