Middle East Economic Survey

VOL. LIII

No 37

13-Sep-2010

SAUDI ARABIA

SEC Awards Saudi Power Plant Deal To Doosan

Saudi Electricity Company (SEC) has awarded a 4 trillion won ($3.42bn) contract to Doosan Heavy Industries and Construction to build a new thermal power plant in Saudi Arabia, the South Korean firm announced on 9 September. Doosan said that the facility at Rabigh would be capable of generating 2.8gw of power. The company will sign the engineering, procurement and construction (EPC)...