A 50-50 three way partnership between Egyptian contractor Orascom and Técnicas Reunidas of Spain has been chosen to construct a 3GW combined-cycle gas-fired energy plant in Saudi Arabia’s Jap Province.
The Qurayyah IPP Enlargement Mission additionally features a 380kV substation and the set up of carbon-capture expertise for future use, web site Saudi Gulf Initiatives reviews.
The $2.6bn contract was signed by the Hajr Two Electrical energy Firm, a consortium of ACWA Energy, the Saudi Electrical energy Firm and Haji Abdullah Alireza.
Osama Bishai, Orascom’s chief govt, mentioned: “This undertaking exemplifies the kind of alternatives that we actively pursue the place we will leverage our experience to ship high-quality initiatives and most worth. It additionally builds on our success within the energy sector, most lately in Egypt, and we sit up for making an identical important affect in Saudi Arabia.
“We’re additionally happy to companion with Técnicas Reunidas on this large-scale undertaking and to increase our partnership in Saudi Arabia and the area.”
- Subscribe right here to get tales about building all over the world in your inbox 3 times every week
