# 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.

- Type: Contract
- Announced: 2018-03-09
- Where: Rabigh, Saudi Arabia, Saudi Arabia
- Value: $2.20B
- Status: announced
- Capacity: 2.3 GW
- Products: gas-fired combined-cycle power plant, Siemens SGT6-5000F gas turbines, Siemens SST-5000 steam turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [ACWA Power](https://endata.com/companies/5576.md) (partner)
- [Elsewedy Electric](https://endata.com/companies/15852.md) (supplier)
- [Sinohydro](https://endata.com/companies/15853.md) (partner)
- [Al Mourjan Two for Electricity Company](https://endata.com/companies/30613.md) (customer)
- [Saudi Energy](https://endata.com/companies/30614.md) (partner)

## Sources

- [tradearabia.com](https://www.tradearabia.com/News/487949/Elsewedy-Electric-JV-lands-contract-for-%242.2bn-Rabigh-2-IPP-project), 2018-03-09: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.