Middle East Economic Survey

VOL. XLVII

No 24

14-June-2004

SAUDI ARABIA

Al-Toukhi/Siemens Win SEC Expansion Projects

The Saudi Electricity Company (SEC) announced on 29 May that it had awarded four electricity generation expansion projects worth a total of SR869mn ($231mn) to a number of companies, including the kingdoms al-Toukhi and Siemens Saudi Arabia.The first contract involves the third phase of the expansion project at the 7th Riyadh power station, involving the addition of two gas turbines...