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GE awarded US$700 million contract by Saudi Electricity Company

GE said its technology will support SEC?s large combined cycle power plants to generate more than 3.8 GW of power. (Image source: Oliver Hammond/Flickr)

GE has signed a contract with Saudi Electricity Company (SEC) worth almost US$700mn, under which the company will bring additional F-class combined cycle gas turbines and associated equipment and services to Saudi Arabia

According to GE, its technology will support SEC?s large combined cycle power plants to generate more than 3.8 GW of power and will provide significant fuel savings and lower emissions to meet the Kingdom?s growing energy needs.

Ali Albarrak, president and CEO of SEC, said, ?We chose GE once again for our largest project because of their advanced technology which features proven efficiency performance. In addition, GE technology has the ability to respond to dramatic daily changes in power demand while maintaining high levels of fuel efficiency in line with the growing power resource needs of our country.?

SEC has previously selected GE?s technology for its PP9, PP10, PP11 and PP12 power plants.

GE will supply 12 7F-5 gas turbines, four steam turbines and 16 generators for the upcoming PP13 and PP14 power plants, GE said.

PP13 will be located next to PP11 and PP12 at Dhurma, while PP14 will be located next to PP10, south of Riyadh, SEC said.

The contract also includes two contractual service agreements, one for each site, covering planned maintenance on the units for a fixed period of eight years, GE said.

Mohammed Mohaisen, CEO of power generation products and services sales for GE Power & Water in the Middle East, commented, ?GE is dedicated to providing innovative products, technology and services to produce reliable power to support the Kingdom's growing energy needs. Our proven F-class technology provides cost-effective, fuel-efficient and flexible power generation.?

Shipment of GE?s equipment is expected to commence at the start of 2015.