SEC opens prices

02 April 2004
The local Al-Toukhi Contractingis the low bidder for the two contracts to expand the Arar and Rafah power plants following the opening of commercial offers on 31 March by Saudi Electricity Company (SEC). Commercial proposals are due to be opened on 3 April for Riyadh's PP7 power plant expansion project, while bids are due on the same day for the 1,200-MW upgrade of Riyadh's PP9 station (MEED 16:1:04).

For the 100-MW expansion of Arar power station, Al-Toukhi priced the contract at SR 340 million ($90.6 million), followed by Arabian Bemco Contractingat SR 349 million ($93 million). Al-Toukhi also submitted the low bid for the 50-60-MW expansion of the Rafah power plant with a price of SR 195 million ($52 million). Bemco again came in second, at SR 197 million ($52.5 million).

The lowest combined offer for both projects also came from Al-Toukhi, at SR 535 million ($143 million).

The other bidders for the contracts are Al-Fanar, National Contracting Company (NCC)and Saudi Services for Electro-Mechanic Works Company (SSEM), all local.

Five local and international contractors are in the race for the project to expand Riyadh PP7. The bidders for the contract, which calls for the addition of two gas turbines with capacity of at least 55 MW, are Al-Toukhi, Bemco and NCC, all local, Athens-based Consolidated Contractors International Company (CCC) and Germany's Siemens(MEED 19:12:03).

Among the companies expected to bid on 3 April for the 1,200-MW expansion at Riyadh PP9 are Bemco, NCC, France's Alstom, Doosan Heavy Industries & ConstructionCompanyand Hyundai Heavy Industries, both of South Korea, Japan's Mitsubishi Heavy Industriesand Siemens (MEED 9:1:04).

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