Middle East Economic Survey

VOL. LIV

No 18

2-May-2011

SAUDI ARABIA

SEC Awards $507Mn Of Power Projects To Alfanar

State-owned Saudi Electricity Company (SEC) awarded two power projects to Alfanar Construction on 24 April, worth a combined SR1.9bn ($507mn). The Hail 2 Power Plant Extension 3 project involves the addition of 280mw of generating capacity at the plant to help meet future load demand in the Hail area. The first two units will be brought on line in August 2012. Alfanar will also...