Siemens wins $266m jobs from Saudi Electricity
Riyadh, May 22, 2013
Siemens, the global engineering and energy company, has been awarded two major contracts valued at approximately SR1 billion ($266 million) by Saudi Electricity Company (SEC).
The first contract includes the supply of five SGT6-2000E gas turbines, which will add 388 megawatts (MW) to Saudi Arabia’s electricity grid. The turbines will be used to supply power to the Rafha, Qurayyat and Arar areas, helping to address the kingdom’s rapidly rising power demand.
The second signing is for a turnkey project to build the Al-Kharj 2 380 kV substation. Under the contract, Siemens will supply all key components such as gas insulated switchgear, transformers, line reactors, switchgear, protection systems, telecommunication systems, and will also build the substation.
The substation will enhance the reliability and security of power supply, while addressing the growing demand for electricity in the Al-Kharj region.
“These latest contracts from SEC are a testimony to the confidence placed in Siemens as a supplier of innovative infrastructure solutions. Siemens offers a vast port-folio of products, solutions and services across the entire energy conversion chain including power generation, transmission and distribution,” said Arja Talakar, CEO of Siemens Saudi Arabia.
“With such significant projects for the supply of power to high-demand areas we are committed to support Saudi Arabia’s growing population and industry.
“Together with our partner E A Juffali & Brothers, we have a lengthy history in the kingdom. This translates directly into the ability to provide cutting-edge technology for the advancement of the country’s infrastructure and development of human capital,” Talakar added. – TradeArabia News Service
More Energy, Oil & Gas Stories
- Market fearing oil shortages, says Saudi minister
- Iraq oil export plunges in Dec
- Fuel prices in Bahrain set to double by 2017
- Iraq's oil exports rise to 71.4m barrels in Nov
- MEE launches energy conservation contest
- TSL wins Jordan solar power contract
- SEC signs $366m loan for Jeddah power plant
- Kurdish oil exports 'only with Iraq approval'
- UAE launches energy conservation drive
- Rising Saudi fuel use 'bigger threat than shale'