Riyadh, Saudi Arabia; March 15, 2015: Saudi Electricity Company (SEC) and GE (NYSE: GE) have signed a Memorandum of Understanding (MoU) to set up a joint venture that will extend operations and maintenance (O&M) support to SEC’s power plants in the Kingdom. GE will extend its advanced technologies and train SEC staff to undertake the O&M services.
Expected to be operational later this year, the center will undertake the O&M services for a number of power plants of SEC across the Kingdom, which will be identified shortly. Through the JV, GE will share its deep expertise in power plant maintenance and operations to Saudi professionals thus building a local talent pool of professionals.
GE’s advanced turbines today support power generation in over 40 sites of SEC in the Kingdom. With a presence of over 80 years, three offices and seven facilities, Saudi Arabia accounts for the largest GE workforce in the Middle East with over 1,600 employees driving the healthcare, transportation, power, oil & gas, water and aviation businesses.