Saudi electricity signs $1.3 billion deal for Riyadh plant
Saudi Electricity Co (SEC) signed a contract worth 4.7 billion riyals ($1.25 billion) on Wednesday to build a power plant outside the capital Riyadh, the company said.
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Saudi Electricity Co (SEC) signed a contract worth 4.7 billion riyals ($1.25 billion) on Wednesday to build a power plant outside the capital Riyadh, the company said.
May 17, 2012 12:24State-controlled Saudi Electricity said on Saturday it signed a deal to build a new 4.6 billion Saudi-riyal ($1.23 billion) power plant in Shoaiba, some 120 km (75 miles) south of the Red Sea city of Jeddah.
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