Alfanar wins $506m power project contracts
Riyadh, April 24, 2011
The Saudi Electricity Company (SEC) has awarded two power projects to Alfanar Construction totaling more than SR1.9 billion ($506.62 million) in value, the company said.
The contracts include the reinforcement of Hail 2 Power Plant – Extension III and construction of High Speed Harmain Railway substations.
The projects were signed by SEC chairman Dr Saleh Al Awaji and Eng Sabah Al Mutlaq, vice chairman of Alfanar.
The reinforcement of Hail 2 Power Plant- Extension III project is aimed at increasing the generation capacity of electric power, to meet the future load demand and to support the existing generation capability of the Hail area by adding 280MW which will enable the future conversion of the plant into combined cycle. The first two units will be online in August 2012.
The High Speed Harmain Railway 380 kV substations project will supply power to the upcoming double-track high speed Harmain railway and will include the construction of six new 380kV Substations. All the substations shall be completed and put into service within 24 months, the company said.
Alfanar Construction – a member of the Alfanar Group- has been actively participating in constructing the infrastructure of many power generation, transmission and distribution projects across Saudi Arabia for more than three decades.
Among the latest projects are the Hail 2- Extension II Power Plant which is expected to be completed before the summer of this year, and the Sharourah Power Plant in the far southern region of the kingdom that was recently completed, the company said. – TradeArabia News Service
More Energy, Oil & Gas Stories
- Enoc unit to commission $100m oil terminal
- India's HPCL to buy 40,000 bpd of Basra
- Iran's petrochem revenue surges to $2bn
- Bahrain to boost energy efficiency
- Oil prices set for biggest weekly loss
- Egypt to issue smart cards to fuel stations
- Oil hits three-week low
- Yokogawa-Petrobras in wireless deal
- Technip wins Adma-Opco contract
- Brent weakens towards $102