Alstom building Saudi power

Power generation group Alstom has signed a contract with Saudi Electricity Company to build stage three of the Shoaiba power plant, worth around US $2.7 billion (SAR 10.1 billion).
Alstom building Saudi power
By Benjamin Millington
Sat 13 Sep 2008 04:00 AM

Power generation group Alstom has signed a contract with Saudi Electricity Company to build stage three of the Shoaiba power plant, worth around US $2.7 billion (SAR 10.1 billion).

The 1200MW steam power plant will be built next to the existing plant, 100kms south of Jeddah on the Red Sea.

Upon completion of the project, Shoaiba will comprise 14 units of 400MW each, with a gross total output of 5600MW.

As leader of the consortium, Alstom will design, supply, install and commission the entire plant. Their consortium partner, Saudi Archirodon will carry out all civil and marine works.

Stages one and two of Shoaiba were also supplied by an Alstom-led consortium on a turnkey basis with stage two being completed six months ahead of schedule in December last year.

Alstom's CEO and chairman Patrick Kron said demand for electricity in Saudi Arabia had increased tremendously in the last two decades in line with the country's growing economy.

"With this contract, Saudi Electricity Company once again demonstrates its faith in Alstom's expertise as a reliable provider of integrated power solutions," he said.

"We are delighted to be involved in a project that will supply one third of the region's electricity and will be the largest oil-fired power plant in the Middle East."

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