Saudi Electricity Company Appoints Advisors For IPP Program

...oduce 1,200mw, cost SR5bn ($1.3bn) to develop and start up in 2012; the Riyadh plant will produce 2,000mw, cost SR8bn ($2.1bn) and start in 2013; and the Qurayah plant will produce 2,000mw, cost SR8bn and start up in 2014.  SEC issued SR5bn of bonds in June, which came in oversubscribed (MEES, 23 Ju...