Saudi Arabia awards 3 GW CCGT contract for Qurayyah

• 23 hours ago (2025-03-25)
• David Flin

Gas 410 Middle East 336

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Saudi Arabia has awarded a $2.6 billion contract to a Spanish-Egyptian joint venture to build a 3 GW CCGT in the Eastern Province of the country.

Egypt-based Orascom Construction and Spanish energy infrastructure firm Técnicas Reunidas have a 50-50 joint venture which has signed an EPC contract to build the Qurayyah IPP expansion project with Hajr Two Electricity Company, a consortium of ACWA Power , Saudi Electricity Company , and Haji Abdullah Alireza .

The power plant will include a 380 kV substation, and it will be able to accept carbon capture.

Osama Bishai, Orascom Construction’s CEO, said: “The contract builds on our success in the power sector most recently in Egypt, and we look forward to making a similar significant impact in Saudi Arabia.”