GE signs $700M gas turbine deal with Saudi Electric Co.
The 7F-5 gas turbines will be manufactured at GE’s Greenville, S.C., facility, with the steam turbines and generators coming from GE’s Schenectady, N.Y., site
RIYADH, Saudi Arabia—GE has signed a nearly $700-million contract to supply the Saudi Electricity Co. (SEC) with more F-class, combined-cycle gas turbines and their associated equipment and services.
GE’s technology will support SEC’s large, combined-cycle power plants to generate more than 3.8 gigawatts (GW) of power and will provide significant fuel savings and lower emissions.
“We chose GE once again for our largest project because of their advanced technology, which features proven efficiency performance,” said Mr. Ali Albarrak, president and CEO of SEC. “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.”
GE will supply 12 GE 7F-5 gas turbines, four GE steam turbines and 16 generators.
The contract also includes two contractual service agreements, one for each site where the new turbines will operate, and will cover planned maintenance on the units for eight years.
Shipment of GE’s equipment is expected to begin at the beginning of 2015. The 7F-5 gas turbines will be manufactured at GE’s Greenville, S.C., facility, with the steam turbines and generators coming from GE’s Schenectady, N.Y., site.