Saudi Electricity Co. said that in partnership with Saudi Aramco, it had awarded a contract to French utility company Engie to build a 1,504 megawatt power plant.
The Fadhili power plant will be built at a cost of $1.2 billion and owned 30 percent by Saudi Electricity, 30 percent by Aramco and 40 percent by private sector partners, the statement said.
The plant will be operational by December 2019 and financing will be raised through the partners and other external sources.
Source: Arab News
GMT 08:19 2018 Thursday ,06 December
Warming Greenland ice melting at 'unprecedented' levels, study findsGMT 20:39 2018 Wednesday ,05 December
Armageddon avoided? Scientist doubts Solar Cycle 25 will ravage GPS-dependent economyGMT 09:03 2018 Monday ,03 December
UN climate meeting in Poland to open following weekend protestsGMT 10:25 2018 Tuesday ,27 November
Environmentalist abandons Great Pacific Garbage Patch swimGMT 08:01 2018 Thursday ,22 November
Health warning issued as massive dust storm engulfs SydneyGMT 10:25 2018 Thursday ,15 November
Huge amount of water siphoned into Earth's interiorGMT 13:46 2018 Monday ,29 October
Air pollution of main environmental health hazard in EuropeGMT 15:05 2018 Thursday ,25 October
Krasnodar Region floods leave two people dead and others injuredMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor