Middle East Economic Survey
GE Wins $700Mn Contract For SEC Power Plant
The Saudi Electricity Company (SEC) has awarded General Electric (GE) of the US a $700mn contract to supply equipment and technical services for a new power plant at Dhuruma, 125km west of Riyadh. The plant, commonly known as PP11, will add 1.73gw of power to SECs grid and will provide 15% of the power generation capacity in Saudi Arabias central region. SEC noted that Saudi...