GE to perform power plant expansions in Saudi Arabia

GE (NYSE: GE) said it has signed contracts totaling almost $300 million with the Saudi Electricity Co. (SEC) to supply 13 gas turbines and associated services for the expansion of six power plants at various locations across the country. The expansions will add nearly 800 MW of power to the Saudi grid by the summer of 2013.

In addition to supplying 13 Frame 7EA gas turbines and associated generators for the plant expansions, GE also will provide technical advisory services and performance testing. GE also will provide training for SEC engineers in the operation and maintenance of the gas turbines.

The six sites for the expansions are Wadi Al Dwasir, Tabuk, Qurrayat, Sharura, Ala-Wajh and Najran simple-cycle power plants. The gas turbines will be manufactured in GE’s factory in Greenville, S.C., and will be delivered to the various sites during the fourth quarter of 2012 and the first quarter of 2013, with commercial operation to begin in May 2013.

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