Elsewedy Electric JV wins $2.2B EPC contract for Rabigh 2 IPP in Saudi Arabia

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

“Elsewedy Electric PSP has announced that its joint venture with Sinohydro, a leading global contractor, has secured the engineering, procurement, and construction (EPC) services contract for the Rabigh 2 Independent Power Plant (IPP) Expansion Project.”tradearabia.com

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

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