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$100bn power boost for Saudis.
Saudi Arabia plans to spend $80 billion to add a total of 20,000 MW of power generation capacity through 2018, plus $20 billion on independent power producer (IPP) projects, Amer Al Swaha, the head of IPP at the state-owned Saudi Electricity Company (SEC), said. Of the total investments of around $100 billion, some $46 billion would go for power generation, $30 billion would be …
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