BANGALORE, INDIA--November 24, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--State-operated Saudi Arabian Oil Company (Saudi Aramco) (Dhahran, Saudi Arabia) has announced an investment of about $1 billion to build six captive power plants in the country. The new projects are expected to increase the company's power generating capacity by 3,000 megawatts (MW). The facilities will use liquid fuels and crude oil to generate power. While there is no official communication regarding the individual capacity or investment on the power projects, sources have indicated that Saudi Aramco is considering augmentation of three existing power plants owned by Tihama Power Generation Company (Al-Khobar, Saudi Arabia). Other companies featured: Doosan Heavy Industry and Construction Company (SEO:034020), Saudi Electric Company (SAU:5110), International Power plc (LSE:IPR), HSBC Holdings plc (NYSE:HBC)
(All Fields Required)
Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.
×Contact Us
For More Info!
