◂ Announcements

Mar 9, 2018CONTRACTRabigh, western province, Saudi Arabia

Elsewedy Electric JV secures $2.2B EPC contract for Rabigh 2 IPP expansion

Elsewedy Electric's joint venture with Sinohydro secured the EPC contract for the Rabigh 2 Independent Power Plant Expansion Project in Saudi Arabia, valued at $2.2 billion. The 2.3 GW gas-fired combined-cycle plant is targeted for commercial operation in May 2029.

Value

$2.20B

Status

Announced

Capacity

2.3 GW

Productsgas-fired combined-cycle power plantSiemens SGT6-5000F gas turbinesSiemens SST-5000 steam turbines

CompaniesElsewedy Electric PSP ACWA Power investor Sinohydro partner Al Mourjan Two for Electricity Company customer Saudi Energy investor

Sectors#Power Generation Equipment

“Rabigh 2 IPP Expansion is an important addition to Saudi Arabia’s power system, providing the reliable and flexible generation capacity needed to support the kingdom’s growing electricity demand.”tradearabia.com

1 source
tradearabia.comElsewedy Electric JV lands contract for $2.2bn Rabigh 2 IPP projectRIYADHMar 9, 2018

Summarized from public sources; check the original articles before acting on it.

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