Arabian Bemco Signs two Contracts with SEC for PP10 Extension and Qurayyah Combined Cycle Extension

Arabian Bemco has been awarded two extension contracts for Riyadh Power Plant No. 10 (PP10) and Qurayyah Combined Cycle Power Plant Extension. The two projects are currently under execution by Arabian Bemco with capacity of 3,000 (PP10) and 3,800 MW (Qurayyah). Under the new expansion, Arabian Bemco will add 700 MW to PP10 bringing total generation capacity to 3,700 MW and 800 MW to the Combined Cycle Extension bringing total generation capacity to 4,600

MW. The total value of the two contracts is approximately $1 billion.

The Contract was signed on Dec 27, 2010 by Mr. Emad Ghandourah, Director of Projects Development of Arabian Bemco and H.E Dr. Saleh Bin Hussein Al-Awaji, Deputy Minister for Electricity and Chairman of Saudi Electricity Company, and Mr. Ali S. Al-Barrak, CEO & President of Saudi Electricity Company.

PP10 Extension is expected to be completed by 2012 and Qurayyah Extension by 2013.