VOL. XLIII

No. 20

15-May-2000

SAUDI ARABIA

Crown Prince 'Abd Allah Lays Cornerstone Of $1.7Bn Shu'aiba Power Plant

Crown Prince 'Abd Allah ibn 'Abd al-'Aziz on 11 May laid the cornerstone for the 1,100mw oil-fired Shu'aiba power plant on the Red Sea coast, which will be built at a cost of SR6.5bn ($1.7bn) to supply the Jiddah and Makkah regions. It is the first project to be undertaken by the Saudi Electricity Company (SEC), which was formed when the kingdoms 10 electricity firms merged last...