GE has won contracts worth approximately $700m to supply power generation equipment and long-term services for a new gas-fired power plant in Saudi Arabia.

The power plant, Riyadh PP11, is located at Dhuruma, about 80km west of the Saudi capital city of Riyadh.

GE will supply seven Frame 7FA gas turbines and two D11 steam turbines for the plant, which will have nearly 1,730MW of generating capacity.

The company will also supply spare parts and maintenance services for the gas turbines over the next 20 years.

The owner and operator of the plant is Dhuruma Electricity Company, which was formed by Saudi Electricity Company and a consortium consisting of GDF Suez of France, Aljomaih Group of Saudi Arabia and Sojitz of Japan.

South Korea-based Hyundai Heavy Industries is in charge of design and construction of the plant.

The first phase of the project is scheduled to enter commercial operation in mid 2012, while the second phase is scheduled to enter full operation by mid 2013.