ABB wins US$ 835-million turnkey order for oil-fired power plant in Saudi Arabia

Zurich, Switzerland, November 24, 1998 - ABB, the international engineering and technology group, has been awarded a turnkey contract to build a 1100-megawatt oil-fired power plant in Saudi Arabia. The total value of the contract, awarded by the Saudi Consolidated Electricity Company in the Western Region, is US$ 835 million.

The plant, to be located in Shoaiba, 120 kilometers south of Jeddah on the Red Sea, is intended to meet the growing power demand of the Jeddah and Makkah regions. The plant will consist of three units. Construction of the first unit is scheduled to begin this year with completion by mid-2001. The other two units are expected to become operational 8 and 14 months later. The contract includes an option to build two more plants of the same size.

ABB will supply three steam turbine generator sets with a capacity of 370 megawatts each, plus all the associated electrical systems, control and instrumentation. In addition, ABB will be responsible for the complete plant engineering and project management.

The ABB Group serves customers worldwide in power generation, transmission, and distribution; automation; oil, gas, and petrochemicals; industrial products and contracting; financial services; and rail transportation. The Group reported orders in 1997 of US$ 35 billion and employs about 214,000 people. (End)

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    • Mr. John Fox
      ABB Corporate Communications, Zurich
      Tel. +41 1 317 7371
      Fax. +41 1 317 7958
    • Mr. Wolfram Eberhardt
      ABB Germany, Mannheim
      Tel. +49 621 4381 432
      Fax. +49 621 4381 367
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