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FINANCIAL NEWS
SEC signs USD453 contracts with GE
25 Nov 2013
(MENAFN) Saudi Electricity Co. (SEC) has signed two contracts with the US-based General Electric at USD453 million to maintain gas turbines at new power plants in Riyadh, according to Arab News.
The project will be run over 25 years and divided into two stages; 8 basic years and 17 optional.
The agreement aims to maintain work on 12 gas fields of combined-cycle power plants, which have 1.600 to 1.950-megawatts capacity for each.
More News
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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