A consortium including Samsung Engineering and Shanghai Electric have won an SAR 11.3 billion deal to build a water desalination plant on the Red Sea coast of Saudi Arabia.
Saudi's state owned Saline Water Conversion Corporation said that it awarded the contract to the South Korean and Chinese companies respectively as well as to Saudi Al Toukhi Co for Industry, Trading and contracting to build the fuel oil fired plant known as Yanbu III.
The new plant will have a capacity of 550,000 cubic meters per day of desalinated water and a power capacity of 2,500 MW.
Source:
http://www.steelguru.com/middle_east_news/Samsung_and_Shanghai_Electric_win_USD_3_billion_Saudi_deal/293241.html
