GE signs $141m Saudi power plant deal
GE Power inks multi-year service agreement with Saudi Electricity Company for Riyadh Power Plant 12
GE Power says it has signed a multi-year service agreement with Saudi Electricity Company (SEC) to provide maintenance, parts and repairs services for eight GE 7F.05 gas turbines at Riyadh Power Plant 12 (PP12).
The $141 million contract will span a period of nine years, according to a statement issued by GE.
Ziyad Al Shiha, President & CEO of Saudi Electricity Company, said, “GE has supported the development of Saudi Arabia’s energy sector for over 80 years and has a deep understanding of our requirements. PP12 is an important project in our efforts to strengthen the Kingdom’s electricity infrastructure. This new agreement between SEC and GE will enable us to achieve higher levels of operational productivity, while lowering unplanned downtime at the plant.”
GE supplied the highly efficient 7F.05 gas turbines under a previous contract with SEC, with four units entering commercial operations in 2014, followed by the rest a year later. Operating in combined cycle mode, the turbines add about 1,800 megawatts (MW) to the national grid.
Under the new service agreement, GE’s team will provide support on-site and equipment at PP12 will also be monitored by the Saudi PowerGen Efficiency Center (SPEC), located in the GE Manufacturing & Technology Center (GEMTEC) in Dammam. A collaboration between GE and SEC, SPEC monitors over 500 power generation trains round-the-clock to enable seamless operations and reduce downtime.
“We are committed to offering the latest solutions and strengthening our local presence to support SEC’s assets and resource-use optimization,” said Joseph Anis, President & CEO of GE’s Power Services business in the Middle East & Africa. “The advanced monitoring and diagnostics services provided through SPEC will help to boost the plant’s operational reliability and mitigate unplanned outages.”
