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SEC awards power plant contracts

Saudi Electricity Company (SEC) has awarded contracts to local contractors to reinforce two existing power plants in the kingdom.

SEC signed a contract with Al-Fanar Company to reinforce a power plant at Hail in the country?s Central region. The deal is worth US$217.5mn.

A smaller contract, worth US$55mn, for the Al-Jouf power plant in Saudi Arabia?s Eastern region has been signed with National Contracting Company.

Both projects are scheduled to be completed by January 2012.