GE has received $700m contract from Saudi Electricity (SEC) to provide F-class combined-cycle gas turbines, and associated equipment and services in Saudi Arabia.
As part of the contract, GE will also offer its technology to support large and combined-cycle power plants to produce about 3.8 gigawatts (GW) of power.
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The company plans to start the shipping of equipment at the beginning of 2015.
Earlier, GE’s technology has been selected for SEC’s PP9, PP10, PP11 and PP12 power plants, while PP13 and PP14 will feature 12 GE 7F-5 gas turbines, four GE steam turbines and 16 generators.
PP13 will be situated next to PP11, while PP12 at Dhurma, and PP14 will be present next to PP10, south of Riyadh.
The deal also includes two contractual service agreements, one for each site, covering planned maintenance on the units for a fixed period of eight years.
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By GlobalDataSEC president and CEO Ali Albarrak said the company has selected GE once again for largest project because of their advanced technology.
"In addition, GE technology has the ability to respond to dramatic daily changes in power demand while maintaining high levels of fuel efficiency in line with the growing power resource needs of our country," Albarrak added.
GE operates around 40 SEC power plants in the kingdom, and installed about 500 gas turbines in the region.
GE Power & Water president and CEO Victor Abate said, "GE is dedicated to providing innovative products and technology to produce reliable power to support the Kingdom’s growing energy needs."
GE Power & Water includes six business units such as Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies.
