Energy
Siemens Bags $590 Million Saudi Arabian Power Unit Supply Contract
Siemens Energy has won a $590 million contract to supply six gas turbines, three steam turbines and nine generators for the Rabigh 2 independent power project in Saudi Arabia.
Released Thursday, April 10, 2014
Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--In December 2013, Samsung C&T was awarded the $1.2 billion engineering, procurement and construction (EPC) contract for the Rabigh 2 independent power project in Saudi Arabia. Samsung formed a joint venture (JV) with Acwa Power (Riyadh, Saudi Arabia) to take a 50% share in the project operating company, Al Mourjan for Electricity Production Company, with state-owned utility Saudi Electric Co. (SEC) (Riyadh) holding the 50% balance.
Samsung has awarded Siemens Energy (NYSE:SI) (Munich, Germany) a $590 million contract to supply six gas turbines, three steam turbines and nine generators for the combined cycle project, which when completed in 2017, will provide 2,060 megawatts (MW) to Makkah province. The plant site is in western Saudi Arabia on the Red Sea coast 150 kilometers north of Jeddah.
Siemens will supply SG-T6-5000F gas turbines, one model SST6-5000 Hi-L steam turbine and three SGen6-1000A-series electrical generators. The company will also provide support services for erection and commissioning of the plant and a long-term service agreement covering upkeep and maintenance of the gas turbines. The units are designed as multi-shaft configurations in which each gas turbine and steam turbine drives its own dedicated generator. In addition to natural gas, the units can also be fired with petroleum.
For related information see January 24, 2012, article -- Siemens North Carolina Plant Starts Shipping Steam Generators to Saudi Power Project and May 28, 2013, article -- New Compressor and Turbine Manufacture Plant Enlarges Siemens' Saudi Footprint.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
/news/article.jsp
false
Want More IIR News Intelligence?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Explore Our Solutions
Industrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Discover Our DatabaseIndustry Intel
-
Innovations Shaping the Next Era of Power GenerationPodcast Episode / May 22, 2026
-
The Role of Contract Manufacturing in Global Pharma GrowthPodcast Episode / May 8, 2026
-
2026 North American Labor OutlookPodcast Episode / Apr 24, 2026
-
2026 European Metals & Minerals Project Spending OutlookPodcast Episode / Apr 7, 2026
-
The Age of Critical Minerals in the AmericasPodcast Episode / Mar 20, 2026