Siemens $2.1bn Saudi contract

  • Saudi Arabia: Thursday, December 29 - 2005 at 07:41

A consortium led by Siemens AG has won a $2.1bn deal to build a power plant and desalination facility in Saudi Arabia. The oil-fired plant will be built 110km south of Jeddah. It will go into service in 2009, providing around 900 megawatts of power to the Saudi grid.

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