GE and Saudi Arabia Sign a $700 Million Power Plant Deal
Located at Dhuruma, about 80 kilometers west of the Saudi capital Riyadh, the new facility will add nearly 1,730 megawatts of power to Saudi Electricity Co.'s (SEC) grid by mid-2013.
Using natural gas as its primary fuel, the new plant will feature GE's high-efficiency technology, gas turbines and advanced emissions controls.
GE says it so far has more than 400 installations at SEC sites throughout Saudi Arabia, providing the kingdom with over 20,000 megawatts of power. Saudi Arabia is expected to need about 70,000 megawatts by 2020, according to GE. The country currently has an installed capacity of 44,000 megawatts.