Alstom-led group wins SR10.8bn deal

Author: 
Reuters
Publication Date: 
Tue, 2008-09-02 03:00

RIYADH: A consortium led by France’s Alstom Power has won a SR10.8 billion contract to expand the capacity of a power plant in Saudi Arabia, the Kingdom’s power utility said yesterday. Saudi Electricity Co. (SEC) signed yesterday the contract with the consortium which also includes a Saudi partner, the state-controlled company said in a statement posted on the bourse website.

SEC said the contract was to add 1,191 megawatt to the Shuaiba power plant.

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