# Elsewedy Electric and Siemens Energy awarded $1B EPC contract for Rabigh power plant

Elsewedy Electric PSP, in partnership with Siemens Energy, was awarded a turnkey EPC contract by Saudi Electricity Company for the Rabigh Combined Cycle Power Plant expansion, valued at over USD 1 billion. The project will add 1.2 GW to the national grid.

- Type: Contract
- Announced: 2024-09-29
- Where: Rabigh, near Jeddah, Saudi Arabia
- Value: $1.00B
- Status: announced
- Capacity: 1,200 MW
- Products: combined cycle power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Elsewedy Electric PSP](https://endata.com/companies/30612.md)
- [Siemens Energy](https://endata.com/companies/6803.md) (partner)
- [Saudi Electricity Company](https://endata.com/companies/8447.md) (customer)

## Sources

- [saudigulfprojects.com](https://www.saudigulfprojects.com/2024/09/elsewedy-electric-siemens-energy-awarded-1200-mw-rabigh-combined-cycle-power-plant/), 2024-09-29: "Elsewedy Electric PSP has been awarded the turnkey EPC contract for the Rabigh Combined Cycle Power Plant by Saudi Electricity Company (SEC)."

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