Saudi Arabian Bemco Contracting Co (Bemco) has submitted the lowest bid to build a nearly 2,000 megawatt (MW) power plant near the Saudi capital Riyadh for state-controlled Saudi Electricity Co (SEC), industry sources familiar with the bidding sai
Saudi-based Arabian Bemco Contracting Co said on Saturday its bid of $1.434 billion was the lowest for the expansion of a 3,400 megawatt (MW) power plant near the Saudi capital, Riyadh.
The new combined cycle project would add 1,300 MW to
Saudi Electricity Co (SEC) awarded a 1.08 billion riyal ($288 million) contract to Arabian Bemco Contracting Co to expand one of its power plants to meet growing demand, state news agency SPA said.
The increased capacity will boost electri
Doosan Heavy Industries and Construction of South Korea and its Saudi partner Bemco, have won a $1.04 billion contract to build a power plant in Saudi Arabia.
The contract to be signed with the Saudi Electricity Company, is for constructio