Siemens wins USD 1 bn Saudi power order

10 February 2012


Siemens has been awarded a major contract of more than USD 1 billion to build a combined cycle power plant in Saudi Arabia. With an installed capacity of 4 GW, the Qurayyah plant will be one of the world’s largest CCPPs.

Siemens will supply key components for the plant whoese capacity will meet approximately one tenth of the country’s current power demand. Commissioning of the total of six blocks is scheduled for 2014.

The project consortium is led by the Saudi company ACWA Power with Samsung C&T and Mena fund as further members. Siemens received the order from Samsung C&T which is also the EPC contractor. In addition, a long term service and maintenance agreement for the power plant was signed with Hajr Project Company. Hajr will operate the plant as an independent power producer.

Siemens will supply components from its recently inaugurated US gas turbine production plant in Charlotte, North Carolina and also from its manufacturing plants in Berlin and Muelheim, Germany. The company's scope of supply encompasses a total of 12 SGT6-5000F gas turbines, 18 generators of the SGEN6-1000A series and six SST6-4000 steam turbines together with the associated electrical systems. Siemens Energy will provide the long-term maintenance for the major equipment in the plant.

Saudi Arabia is an attractive power generation market – it not only has the world’s largest oil reserves but also the fourth largest natural gas deposits. It is anticipated that in this decade Saudi Arabia’s population will increase from 28 million to 40 million. To meet the estimated annual rise in power demand of 8% the installed power generation capacity will have to double within 10 years. The country’s fast growing power demand is being increasingly met with the aid of advanced, high efficiency combined cycle power plants.




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