Saudi Electricity Company has signed a contract worth SR 450 million with a national company to install two gas generating units in the Governorate of Qurayat. The Company's Chief Executive Officer Eng. Ali bin Saleh Al-Barrak pointed out that capacity of the units is 120 megawatt and these units will be operational in 2013. He noted that the Saudi Electricity Company has adopted a budget for 2012, exceeding SR 55 billion. Meanwhile, the Jeddah-based Arab News reported that 'MODON' (The Authority of Industrial Cities and Technological Zones) has signed new contracts, worth SR700 million, to build electricity transmission plants and aerial and ground power supply lines for five industrial cities. Tawfiq Bin Fawzan Al-Rabiah, Minister of Commerce and Industry and Chairman of MODON board of directors, signed the contracts in the presence of Saleh Al-Rasheed, director-general of Modon, and executives from Modon and the executing companies. This is the largest among MODON projects that provide electric power for five industrial cities under development, thus achieving MODON Strategy to establish integrated serviced industrial cities. The first contract, valued at SR310 million with execution period of 26 months, was signed with the Arab Company for Electric Equipment. It provides for the construction of a central transmission plant, voltage 380/115/13.8 kV in Dammam's third Industrial City with a total capacity of 500 mega. v/ampere. The second contract, signed with Al-Jehaz Contracting Company, is valued at SR260 million. It has an execution period of 26 months and includes the establishment of a 380/110/13.8. kV central transfer plant in Jeddah Third Industrial City at a total capacity of 500 mega v/ampere. The third contract, valued at SR260 million, was signed with Delta Contracting Company with an execution period of 26 months. It includes the establishment of a 132/13.8 kV central transfer plant for Sudair City for Industry and business at a total capacity amounting to 120 mega kV/ampere. The fourth contract was signed with the Saudi Company for Electrical Services. It is valued at SR51 million and has an execution period of 24 months. It provides for the setting up of 40 km long 132 kV double circuit aerial line, with around 1.5 km long ground cables from the existing plant No. 9011 to the proposed plant in Sudair City for Industry and Business. The fifth contract was signed with Al-Jehaz Contracting Company. It is valued at SR8,856,380 with an execution period of 7 months for the implementation of 13.8 kV distribution network in Jazan Industrial City. As well as the sixth contract signed with FADAC Global Contracting Company valued at SR8,424,600 with an execution period of 7 months for the implementation of a 13.8 kV distribution network, in Riyadh Third Industrial City (Ha'ir). The director-general said Modon's next project will focus on the completion of services and infrastructure, so that the existing industrial cities that are under development become integrated services cities.