Free press releases distribution network?

More news: Energy
Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



SEC Selects GE Technology for Saudi Power Plant Expansions – Contracts Total More Than $500 Million - GE (NYSE: GE) announced that it has been selected to provide gas turbine technology and services for four Saudi Electricity Company (SEC) power plant expansions
SEC Selects GE Technology for Saudi Power Plant Expansions – Contracts Total More Than $500 Million

 

PRZOOM - /newswire/ - Riyadh, Saudi Arabia, 2011/05/02 - GE (NYSE: GE) announced that it has been selected to provide gas turbine technology and services for four Saudi Electricity Company (SEC) power plant expansions. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• GE Supplies Power Generation Equipment and Services for Four Saudi Electricity Company (SEC) Expansion Projects;
• Expansion Projects Adding 1,680 Megawatts to Meet 50 Percent of SEC’s Annual Target Increase;
• SEC Fast-Track Power Plant Expansions to Address the Kingdom’s Peak Summer Power Demand.

GE (NYSE: GE) announced that it has been selected to provide gas turbine technology and services for four Saudi Electricity Company (SEC) power plant expansions that will support Saudi Arabia in meeting its growing power needs, especially during the hot summer months when electricity demand is at its peak. The total value of the agreements with GE is expected to be more than $500 million and the power plant expansions are expected to add more than 100 new local jobs.

These contracts bring GE Energy orders for SEC projects in the last two years alone to more than $2 billion. To date, GE Energy power generation technology and services are supporting the generation of nearly half of the Kingdom’s installed capacity.

Eng. Ali Saleh Al Barrak, president and CEO, SEC, said: “These fast-tracked plant expansions are designed to meet peak summer demands. Our customers expect reliability, and over the years GE has built a reputation we can count on and trust. A stellar history of on-time delivery and well-proven gas turbine technology has made our 40-year relationship with GE a success story, with more than 400 GE turbines that are supporting close to 40 SEC projects around the Kingdom.”

The four SEC power plant expansions will add 1,680 megawatts of power to the Saudi grid, more than half of SEC’s planned annual increase of 3,000 megawatts. According to SEC, the Kingdom’s electricity demand has been growing at the rate of about 6 percent a year.

“Our ability to respond to our customers’ technology requirements and deliver fast-track projects on a large scale is a core capability of GE,” said Joseph Anis, GE Energy’s president and CEO for the Middle East. “In Saudi Arabia and around the Middle East, we continue to deliver energy technology solutions that have helped us earn the trust of our customers.”

“As the leading energy technology provider in Saudi, GE continues to deliver localized power generation solutions to our long-time customers such as SEC and provide advanced technical training with our growing technology transfer and knowledge sharing initiatives,” added Anis.

In addition to supplying power generation technology, GE is providing all four plant expansions with technical advisory services as well as performance testing, which are critical to the successful installation of the plants. GE also is providing training for SEC technical teams to support them in the operation of the plants. Through the close relationship with SEC, GE has provided training to an increasing number of local SEC engineers and technicians annually. GE has steadily grown its local team to enhance customer service.

The new power plant expansion projects that GE will be supplying to include:

• 600-megawatt expansion of the SEC power plant in Qurayyah. GE will provide three 7FA gas turbines, one D11 steam turbine and four generators for combined-cycle service at the plant, which will supply additional power to Saudi Arabia’s Eastern region.

• 480-megawatt expansion of the PP-10 power plant 40 kilometers south of Riyadh City. GE will supply eight Frame 7EA gas turbines and generators, which will join 32 GE Frame 7EA gas turbines already installed at the site. GE’s 7EA gas turbines currently comprise more than 40 percent of SEC’s total fleet. The plant expansion will support the electricity needs of Saudi Arabia’s Central region.

• 480-megawatt SEC power plant expansion at Qassim, 350 kilometers north of Riyadh. GE has implemented two previous expansions at this site. For the latest extension, GE will provide eight Frame 7EA gas turbines and generators for simple cycle service, supporting SEC to meet the power needs of Saudi Arabia’s Central region.

• 120-megawatt expansion of the SEC power facility near Tabouk. GE will supply two Frame 7EA gas turbines and generators for simple-cycle duty at the site, which serves the Western region.

The engineering procurement contracting companies (EPC) for the SEC power plants at Qurrayah, Qassim and PP10 will be Arabian BEMCO, and the EPC for the SEC power facility near Tabouk will be Al Toukhi Construction Group.

With nearly 80 years of experience in Saudi Arabia and 800 employees in the Kingdom, GE has expanded its energy presence in the Kingdom through public-private partnerships and a strong footprint of facilities providing service repair support and customer training centers in power, water and oil and gas.

In the last 24 months alone, GE has invested more than $100 million in Saudi Arabia. In addition to its existing seven facilities, GE will soon inaugurate its landmark GE Energy Manufacturing Technology Center in Dammam, one of GE’s largest worldwide. GE also has established an advanced energy training center, the GE Saudi Water and Process Technology Center and a manufacturing facility for heat exchangers in association with Ali A. Tamimi & Co.

As part of its commitment to knowledge sharing, GE has established the GE Energy Fuel Research Center at the King Fahd University of Petroleum & Minerals as well as several leadership development and cooperative learning programs with leading institutions.

Join the conversation at our GE Hewar blog: middleeast.geblogs.com/.

About GE
GE (ge.com) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide.

GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and grow through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy (ge.com/energy)—GE Power & Water, GE Energy Services and GE Oil & Gas—work together with more than 90,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.

PRESS Contacts
Ken Darling, Masto Public Relations
P: +1 518 786 6488 / E: kenneth.darling[.]ge.com.

Howard Masto, Masto Public Relations
P: +1 518 786 6488 / E: howard.masto[.]ge.com.

GE news, Masto Public Relations / E: information[.]mastopr.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


SEC Selects GE Technology for Saudi Power Plant Expansions – Contracts Total More Than $500 Million

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GE News Center |
Contact: Lamia Jaroudi - GE Energy 
+9714 429 6559 lamia.jaroudi[.]ge.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From General Electric Company / Company Profile


Read Energy Most Recent Related Press Releases:

Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today