The local National Contracting Company (NCC) has won the contract to expand the oil-fired Rabigh power plant, on the Red Sea coast.
NCC was low bidder for the engineering, procurement and construction contract with an offer of about SR3bn ($802mn) when bids were submitted earlier in the year (MEED 16:11:07).
The fifth-stage expansion project covers the addition of an extra 960 MW at the plant, bringing total capacity to almost 2,700 MW. The work includes the procurement of turbines.
The client on the deal is Saudi Electricity Company.
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