Middle East Economic Survey

VOL. LIV

No 19

9-May-2011

SAUDI ARABIA

SEC Awards GE Contracts Worth More Than $500Mn For Power Plant Expansions

The Saudi Electricity Company (SEC) has awarded General Electric (GE) of the US contracts worth more than $500mn to provide gas turbine technology and services for four power plant expansions in the kingdom, the company announced on 2 May. The four SEC power plant expansions will add 1.68gw of power capacity to the Saudi grid, more than half of SECs...