• Landmark project to be delivered in 48 months; to support phosphate mining plant in the locality driving industrialization and job creation for Saudis

  • Plant to feature GE's latest F-class heavy duty gas turbines, one of them to be 'Made in Saudi' at GE Manufacturing Technology Center in Dammam

  • Features solar innovation technology that adds value to Saudi Electricity Company

Riyadh, Saudi Arabia; January 4, 2016
 
GE (NYSE: GE) has been awarded a landmark contract valued at nearly US$1 billion for the engineering, construction and provision of gas turbine services for the Waad Al Shamal combined cycle power plant of Saudi Electricity Company (SEC). Scheduled for completion in 48 months, the plant will support the phosphate mining operations in the locality, in turn driving industrialization and job creation for Saudi nationals.

GE will deliver the turnkey power plant, supplying four advanced GE 7F.05 heavy duty gas turbines and a GE steam turbine, and featuring solar innovation technology. The 1,390 MW combined cycle plant will be able to provide the equivalent power needed to supply more than 500,000 Saudi homes.

Ziyad Al Shiha, CEO of Saudi Electricity Company, said: "We continue to strengthen the Kingdom's power infrastructure to meet the growing demand for electricity and to accelerate all-round growth. Waad Al Shamal is a strategically located power plant that has tremendous potential to energize the local economy and create jobs for Saudis through its support to the industrial sector. By awarding the contract to GE, we are further building on the long-term partnership we have with GE, with a focus on advanced technologies."

One of the gas turbines will be assembled fully at the GE Manufacturing Technology Center in Dammam, underlining GE's commitment to localization. The remaining gas turbines will be produced at GE's manufacturing plant in Greenville, SC, USA, and the steam turbine will be produced at GE's manufacturing plant in Schenectady, NY, USA.

Hisham Al Bahkali, President & CEO GE Saudi Arabia & Bahrain, said: "This is a milestone in our long-term partnership with Saudi Electricity Company, underlining our commitment to be a complete solutions provider, supporting SEC in maximizing their operational efficiency and productivity to meet the growing demand for power. We are focused on optimizing the resource use efficiency of our customers to support the governmental vision of promoting growth. With our contract for Waad Al Shamal, we are also strengthening localized manufacturing by assembling the turbines fully at our Center in Dammam, in turn creating new jobs for Saudi nationals and enhancing the local supply chain."

Mohammed Mohaisen, CEO, gas power systems Middle East and North Africa, said: "GE has been a long-term and trusted partner of SEC and we are committed to delivering our cutting edge competencies across the power sector of the Kingdom - from turnkey project development to accelerating power plant productivity and efficiency through our digital industrial solutions. Waad Al Shamal brings significant value to the Kingdom by strengthening the northern grid and through its potential to energize the local industrial sector. By installing a gas turbine that is fully assembled in our Dammam center, we are delivering on our commitment to provide stronger localization support to our partners."

GE's 7F.05 heavy duty gas turbines bring industry-leading flexibility to the Waad Al Shamal plant with a 10-minute start-up to an 80 percent load. It can accommodate a wide range of fuels lending greater flexibility to the operations while providing customers with lower fuel costs compared to previous GE technology. GE Power will also extend its long-term service support to the plant to ensure seamless operations.

Earlier this year, GE signed a Memorandum of Understanding (MoU) with SEC to set up a joint venture that will extend operations and maintenance (O&M) support to SEC's power plants in the Kingdom. GE will extend its advanced technologies and train SEC staff to undertake the O&M services. Today, GE's advanced turbines support power generation in over 40 SEC sites in the Kingdom.

GE has a distinguished track-record of supporting the Kingdom's power sector from across GE businesses, known as the GE Store. In November, GE Oil & Gas completed the first-phase expansion of the 'Made in Saudi' advanced manufacturing facility in Dammam. This expands capacity for manufacturing, testing and repair, as well as promotes job creation for Saudi nationals through a three-fold increase in the workforce, which builds on 70% Saudization in Dammam. Additionally, GE Energy Management recently completed the network management system that connects the Gulf Cooperation Council International Authority (GCCIA) six member states' energy systems, as well as the Gulf's largest High Voltage Direct Current (HVDC) converter station in Saudi Arabia.

More than 550 GE turbines currently generate over half of Saudi's electricity, and the company's advanced technology supports the production of 180 million liters of clean water daily, delivered to the country's most remote locations.

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About GE:
GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

For more information, please contact:
Caroline Wehbeh
GE Communications Leader, North Africa
+9714 4296318
caroline.wehbeh@ge.com

© Press Release 2016