Tuesday 23 December 2014
 
»
 
»
PROJECT TO YIELD 2,640MW

SEC signs $3.2 billion contract with Hyundai

Khobar, August 4, 2013

Saudi Electricity Company (SEC) signed a contract with South Korea's Hyundai Heavy Industries (HHI) to build a 12.2 billion Saudi riyals ($3.4 billion) power plant in Shuqaiq, it said on Sunday.

HHI will install four steam generating units with highly efficient boilers to produce 2,640 megawatts of capacity, SEC said.

The plant, located in Saudi Arabia's south western Jizan province, will be built within five years, SEC said.

SEC is the largest utility company in Saudi Arabia, the world's largest oil exporter. – Reuters




Tags: Hyundai | power plant | SEC | Saudi Electricity | S Korea |

More Energy, Oil & Gas Stories

calendarCalendar of Events

Ads