Saudi Electricity studies bids for power plants: Report

The Saudi Electricity Company (SEC) is studying bids for the power island contracts, the Middle East Economic Digest (MEED) reported.

With SAR 2.5 billion, Turkey’s Gama submitted the lowest bid for both the PP13 and PP14 plants— 50 percent lower than the second lowest offer of SAR 4.8 billion, which was submitted by the local National Contracting Company (NCC).

The Saudi Al-Rushaid group submitted SAR 5.1 billion for the power island mechanical engineering and installation (ME&I) package of both power plants.

The lowest price for the PP14 was SAR 1.1 billion, which was submitted by China’s Sepco.

Several engineering and construction packages have been tendered and awarded separately.

Italy’s STF has beaten seven bidders, and was awarded a $170 million contract to supply the Heat Recovery Steam Generators for both the PP13 and PP14 combined-cycle power plants.

The Australian engineering consultant, WorleyParsons, is managing the tendering process. In April 2013, it was awarded a $125 million engineering, procurement and construction management (EPCM) contract for the PP13 and PP14 projects.

In November 2013, SEC awarded US-based General Electric $700 million contract to supply turbines and generators for the power plants, as well as eight years of maintenance.

The Saudi Assad Said has been awarded the civil construction package for PP13, and Saudi Archirodon has won the construction package for PP14.

PP13 will be located next to SEC’s PP11 and PP12 plants at Dhurma, near Riyadh.