Prince Saud bin Abdullah bin Thunayyan, chairman of the Royal Commission for Jubail and Yanbu, signed yesterday a contract with Saudi company Hadi Haidar Contracting Company worth SR 391 million [U.S. $104.3 million] for the construction of high-voltage electricity transmission stations in Yanbu 2.
Prince Saud also met with the contractors who will undertake implementation of the first phase of the project of Yanbu-2, due to be implemented at a total cost of more than SR 546 million [U.S.$145.6 million].
This Yanbu power project includes the main and subsidiary electricity plants, which involves the design and construction of power electricity plants that will provide power to the Marafeq Company’s desalination compound among other companies. The power project also include the leveling of project sites, which entails cleaning and clearing project sites of trees and other unwanted materials to prepare the land site for other services like water-cooled electricity cables, roads and draining systems.
Other items in the new power project are designing, importing and installing electricity towers for electricity lines and delivering electricity energy to industrial projects which will provide power to petrochemical and light industrial areas. The funding for this project will also go towards constructing the hi-tech Yanbu Technical Institute, seven elementary and middle schools.