The local National Contracting Company (NCC) has won the contract to expand the oil-fired Rabigh power plant, on the Red Sea coast.
NCC was low bidder for the engineering, procurement and construction contract with an offer of about SR3bn ($802mn) when bids were submitted earlier in the year (MEED 16:11:07).
The fifth-stage expansion project covers the addition of an extra 960 MW at the plant, bringing total capacity to almost 2,700 MW. The work includes the procurement of turbines.
The client on the deal is Saudi Electricity Company.
You might also like...
European finance in place for Tunisia Bizerte bridge
29 March 2024
HZI takes on Dhafra waste energy EPC contract
29 March 2024
Policy designates Masdar, Adnoc as hydrogen coinvestors
29 March 2024
Waste energy projects find relevance
29 March 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.