Arabian Bemco signs SR8.28 billion agreement.

Byline: Arab News

JEDDAH: Arabian Bemco Contracting Co. Ltd., the specialized contractor for building of power stations, industrial facilities and public utilities, has signed a SR8.28 billion agreement with a group of local banks. This is a multi-purpose facility for the construction of the (PP 10) Power Plant in Riyadh.

Under this contract, Arabian Bemco will construct and install approximately 2000 MW at the new site for Power Plant No. 10 (PP10) on Alkharj Road 100 KM southeast of Riyadh. The power delivery will be in phases starting in month 20, which is a relatively short period whereby Bemco will utilize its distinctive experience in rush projects. …