Saudi Electricity agrees US$308mn worth of power deals
Saudi Electricity Co. (SECO) signed contracts valued at US$308mn with two local companies to develop power facilities in the kingdom.
Saudi Electricity Co. (SECO) signed contracts valued at US$308mn with two local companies to develop power facilities in the kingdom.
Zamil Projects has been awarded a new contract worth US$$37.9mn from Doosan Heavy Industries & Construction Company to provide Engineering, Procurement and Construction (EPC) services and mechanical works for the HVAC systems and equipment at Rabigh Power Plant Stage 2.
Daewoo Engineering & Construction was awarded a US$1.2 billion deal to build a thermal power plant in Oman.
Doha Cables has been awarded a two-year contract by Qatar General Electricity & Water Corporation (Kahramaa) to supply power cables in deal worth US$494mn.
Orascom Construction Industries (OCI) was awarded a US$181mn contract for work on a 1,500 MW combined cycle power plant in Giza.