Bemco wins bid for 2,000 MW Saudi power plant
2012-04-03 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: Saudi Arabian Bemco Contracting Co (Bemco) has submitted the lowest bid to build a nearly 2,000 megawatt (MW) power plant near Riyadh for state-controlled Saudi Electricity Co (SEC), Reuters has reported, citing industry sources familiar with the bidding. Bemco submitted the lowest bid of SR2,371.83 per KW for the combined-cycle plant known as PP12, the sources said. The winning company will also build a 380 kilovolt (KV) high voltage substation, one of the sources said, adding the deal was expected to be awarded in two to three weeks.  

View full article...