VOL. XXXIX

No. 51

16-September-1996

SAUDI ARABIA

SCECO-East And Mitsubishi Finalize Contract For Ghazlan Expansion

The Saudi Consolidated Electric Company in the Eastern Province (SCECO-East) and Mitsubishi Heavy Industries of Japan on 10 September signed the final contract, worth SR4.155bn ($1.108bn), for the construction of the Ghazlan II 2,400 MW power expansion project. A letter of intent was awarded to Mitsubishi for this project on 20 July (for details of the project and its...