General Electric Company (NYSE:GE) (Fairfield, Connecticut) has won the $200m contract to supply steam turbines, power generation services, technology and distributed control systems for the Saudi Electric Company combine cycle project in Riyadh.
Industrial Info reports that Saudi Electric Company (SEC) is undertaking a conversion from simple to combined-cycle operations on its PP10 power plant in the Saudi capital city.
The conversion will add 1300 MW to the plant’s generation capacity, which will support the growing power requirements of Saudi Arabia’s central region and assist in meeting peak summer demands.
Ali Saleh Al Barrak, SEC’s president and chief executive officer, said that the conversion was part of SEC’s growth plan to add an average of 4000 MW of power each year, with a vision of doubling grid capacity by 2020. He added that in addition to increasing plant capacity by more than 50 per cent, from about 2200 MW to 3500 MW, the conversion would raise overall plant efficiency.
“This new agreement is testimony to our growing relationship with SEC and reflects our continued commitment to deliver tailored technology solutions to the Saudi energy sector,” said Joseph Anis, GE’s president and chief executive officer for the Middle East. The efficiency-enhancing solutions offered by GE also are flexible and scalable, he added.
The shipment of equipment will begin in the first quarter of 2013, with services starting in the second quarter. The first two combined-cycle blocks are scheduled to begin commercial operation in the second quarter of 2014, in time to meet summer peak demand, and the full combined-cycle plant will be online by the first quarter of 2015.
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