# Siemens Energy awarded $1.5B power plant supply contract in Saudi Arabia

Siemens Energy will supply key power plant technologies for the Taiba 2 and Qassim 2 combined-cycle power plants in Saudi Arabia, and entered a 25-year maintenance contract. The order value is USD 1.5 billion.

- Type: Contract
- Announced: 2024-06-24
- Where: western and central regions of Saudi Arabia, Saudi Arabia
- Value: $1.50B
- Status: announced
- Capacity: 4 GW
- Products: gas turbines, steam turbines, generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md)
- [Siemens Energy](https://endata.com/companies/6803.md) (supplier)
- [Saudi Arabia](https://endata.com/companies/51107.md) (customer)
- [China Energy International Group](https://endata.com/companies/78198.md) (customer)
- [China Energy International Group](https://endata.com/companies/78198.md) (partner)

## Sources

- [saudigulfprojects.com](https://www.saudigulfprojects.com/2024/06/siemens-energy-awarded-1-5-billion-power-plant-supply-contract-in-saudi-arabia/), 2024-06-24: "Siemens Energy announced in a statement that, it will supply key power plant technologies that will provide almost 4 gigawatts to the Kingdom, and in addition has also entered a long-term maintenance contract for 25 years for the two power plants, Taiba 2 and Qassim 2."
- [zawya.com](https://www.zawya.com/en/projects/utilities/siemens-energy-wins-15bn-saudi-order-for-two-power-plants-j889swlo), 2024-06-25: "Siemens Energy has been awarded a 25-year contract by Saudi Arabia for two power plants, Taiba 2 and Qassim 2, worth $1.5 billion."
- [energetica-india.net](https://www.energetica-india.net/news/siemens-energy-to-deliver-hl-class-gas-turbines-for-two-new-power-plants-in-saudi-arabia), 2024-06-27: "Saudi Arabia is driving forward its vision 2030 to transform the Kingdom into a pioneering economic location."
- [gulfconstructiononline.com](https://gulfconstructiononline.com/Article/386846/ge-vernova-siemens-energy-win-power-plant-deals), 2024-07-01: "Siemens Energy has been awarded a 25-year contract for two power plants –Taiba 2 and Qassim 2, worth $1.5 billion."

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