French utility GDF Suez (GSZ.FR) Tuesday announced a 20-year power purchase agreement with Saudi Electricity Co (5110.SA), and said that it--along with its partners Aljomaih Holding Co of Saudi Arabia and Japan's Sojitz Corp. (2768.TO)--will start building the 1,730 megawatt gas-fired power plant for the project.
French utility GDF Suez (GSZ.FR) Tuesday announced a 20-year power
purchase agreement with Saudi Electricity Co (5110.SA), and said that it--along
with its partners Aljomaih Holding Co of
Saudi
Arabia
and
Japan
's
Sojitz Corp. (2768.TO)--will start building the 1,730 megawatt gas-fired power
plant for the project.
State-controlled Saudi Electricity Company will buy all of the plant's output
over a 20 year period, GDF Suez said.
The total cost of the investment will be approximately $2.1 billion and early
power is expected by
May
1, 2012
. Full completion of the plant, situated approximately 125 kilometers
west of Riaydh, is scheduled March 2013, the company said.
Διαβάστε ακόμα
Πεμ, 10 Οκτωβρίου 2024 - 19:39
Πεμ, 10 Οκτωβρίου 2024 - 19:36
Τρι, 24 Σεπτεμβρίου 2024 - 19:58
Τρι, 24 Σεπτεμβρίου 2024 - 19:54
Τετ, 18 Σεπτεμβρίου 2024 - 18:32