09/04/2025 05:55 AST

GE Vernova and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova's Saudi engineers and specialists.

This project at SEC's 8th power plant in Riyadh highlights both companies' commitment to fostering local talent and promoting localization within Saudi Arabia's energy sector, in alignment with Saudi Vision 2030.

This achievement comes just months after GE Vernova, in the presence of HRH Prince Abdulaziz bin Salman, Minister of Energy, celebrated the successful rollout of the first H-class gas turbine unit completed at the GE Saudi Advanced Turbines (GESAT) facility in Dammam.

The 8th power plant in Riyadh is a strategic facility that plays a crucial role in addressing the growing electricity demands of the capital.

With a production capacity exceeding 1,700 megawatts, it significantly enhances the stability of the electrical grid in Riyadh and its surrounding areas. The plant comprises several blocks, one of which is equipped with four of GE Vernova's 7F gas turbines, collectively capable of producing close to 500 megawatts.

The maintenance, led by GE Vernova's Gas Power One Field Services team in collaboration with SEC's teams, was crucial for ensuring the reliability and efficiency of the power generation assets.

It required meticulous planning and execution, demonstrating the culmination of a decade of comprehensive training, certifications, accreditations, practical experience, and professional development for Saudi talent.

Male and female Saudi engineers and specialists at the 8th power plant prioritized rigorous safety protocols and successfully completed the project on schedule, supported by GE Vernova's Live Outage platform. This digital tool enhances field execution through standardized procedures, streamlined tasks and safety best practices.

GE Vernova's power plant outage services team brings extensive experience in optimizing power plant performance through expert maintenance, repairs, and upgrades.

This Saudi-led initiative marks a pivotal step in enhancing plant efficiency and the long-term reliability of power units.

Engineer Abdulaziz Saeed Al Shumaila, Head of Power Generation Operations in the Central Region, Saudi Electricity Company, said: "We are committed to providing reliable and stable power supply for the kingdom. GE Vernova's Saudi-led outage at the 8th power plant marks a new era in the Saudi power sector, underscoring our commitment to driving innovation and developing local talent."

"Through our strategic collaboration with GE Vernova, we aim to empower more Saudi engineers and specialists to assume advanced leadership and technical roles within the Kingdom's robust energy ecosystem. This collaboration will also contribute to local skills development initiatives, supporting the achievement of Vision 2030 goals," he stated.

Hisham Al Bahkali, President of GE Vernova, Saudi Arabia, said: "Our successful maintenance project at Riyadh's 8th power plant showcases the Kingdom's local talent in driving a more sustainable energy future, directly supporting Vision 2030."

"This achievement demonstrates Saudi engineers' capabilities in managing complex energy projects. Our ongoing collaboration with SEC will further advance the Kingdom's energy transformation and cultivate national competencies," he noted.

Al Bahkali pointed out that this accomplishment caps a remarkable year for GE Vernova in Saudi Arabia, notably the rollout of the first H-Class gas turbine at the GESAT facility.

"This advanced turbine is set to power the Jafurah Cogeneration Independent Steam and Power Plant (ISPP), highlighting our commitment to supporting national strategies, including Vision 2030," he stated.

In 2024, GE Vernova secured its largest-ever Middle East & Africa order for six 7HA.03 gas turbines, two 7E.03 units, and a 21-year maintenance agreement for Saudi Arabia's Taiba 1 and Qassim 1 power plants.

The company also completed FEED studies exploring decarbonization options for three Saudi Arabian cogeneration plants, potentially reducing carbon emissions using pre- and post-combustion technologies.

For nearly 90 years, GE Vernova has contributed to Saudi Arabia's energy infrastructure, supporting economic diversification, localization, and talent development.


Trade Arabia

SEC receives bids for two 380kV substations, OHTL projects

13/04/2025

Saudi Electricity Company (SEC) has announced that it has received bids from leading utility majors for the construction of two 380kV substations at Afif city in central Saudi Arabia in the Najd regi

Trade Arabia

68pc of SEC purchases from local factories

02/03/2018

The Saudi Electricity Company (SEC) said that 68 per cent of its purchases, during the past four years, came from 52 local factories, with a growth rate of 720 per cent compared to 2001.

S

Trade Arabia

SEC goes digital with power bill distribution

02/02/2018

The Saudi Electricity Company (SEC) said it has already suspended the distribution of the paper bills to the subscribers' homes.

Any subscriber can know the value and details of the electr

Trade Arabia

Ticker Price Volume
SAUDIELECTRICITY Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
TAQA 3.14 0.01 (0.31%)
ACWAPOWER 292.80 -5.00 (-1.68%)
DEWA 2.74 0.04 (1.48%)
EMPOWER 1.60 0.01 (0.62%)
MARAFIQ 42.20 -0.50 (-1.18%)
TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%

16/05/2025

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE

Trade Arabia

Abraj Energy signs deal with BP for drilling rig in Block 61

16/05/2025

Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.

The

Muscat Daily

Commercial Bank launches new CB Corporate Banking App

16/05/2025

Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.

This stat

Gulf Times

Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed

16/05/2025

Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi

Gulfnews

NBK publishes first green bond allocation and impact report

16/05/2025

In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental

Kuwait Times