Southern Province Cement Co. — Capital/Financing Update 2012

Dec 31, 2012

SOUTHERN PROVINCE CEMENT COMPANY SIGNS A CONTRACT FOR THE EXPANSION OF THE POWER GENERATION PLANT IN TAHAMA FACTORY

3050 · 31/12/2012 09:37:34 · Announcement #28031 · View on Saudi Exchange

SOUTHERN PROVINCE CEMENT COMPANY SIGNS A CONTRACT FOR THE EXPANSION OF THE POWER GENERATION PLANT IN TAHAMA FACTORY

HH Prince Abdullah bin Mosa'ad bin Abdulrahman Al-Saud, SPCC Chairman, in the presence of the board members, has signed a contract with the deputed board member of Wartsilla Power Contracting Company for the expansion of the power generation plant in Tahama factory, by adding (4) diesel units operating by heavy fuel with a total capacity of (32) MW, The contract was signed on 17/2/1434h corresponding to 30/12/2012,

The contract value to execute the expansion project is EURO (20,250,000) equaling SR (96) million and the contract period is (12) months from the make-ready of the site,

The contract will be self- financed,any developments that might occur shall be announced then.

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