Orascom and Técnicas Reunidas to build 3GW Saudi gas-fired power plant

GlobalData

Tue, Mar 25, 2025, 5:29 AM 2 min read

Orascom Construction, successful an adjacent associated task with Técnicas Reunidas, has signed a $2.6bn engineering, procurement and operation (EPC) declaration for the 3GW Qurayyah IPP enlargement task successful Saudi Arabia's Eastern Province.

The task involves a combined rhythm gas-fired powerfulness plant, featuring readiness for c seizure and a 380kV electrical substation.

The EPC declaration was signed with the Hajr Two Electricity Company, a consortium including ACWA Power, the Saudi Electricity Company and Haji Abdullah Alireza & Co.

Orascom Construction and Técnicas Reunidas person already received constricted announcement to proceed.

Orascom Construction CEO Osama Bishai stated: “We proceed to present connected our geographic diversification strategy with a peculiar absorption connected cardinal sectors specified arsenic powerfulness and water. This task exemplifies the benignant of opportunities that we actively prosecute wherever we tin leverage our expertise to present high-quality projects and maximum value.

“It besides builds connected our occurrence successful the powerfulness assemblage astir precocious successful Egypt, and we look guardant to making a akin important interaction successful Saudi Arabia. We are besides pleased to spouse with Técnicas Reunidas connected this large-scale task and to widen our concern successful Saudi Arabia and the region.”

Orascom Construction has a past of projects successful the Middle East and Africa with a full capableness of much than 30GW. This includes 2 4.8GW combined rhythm gas-fired powerfulness plants successful Egypt.

In a related development, Siemens Energy has secured a $1.6bn task to supply technologies for the Rumah 2 and Nairyah 2 gas-powered powerfulness stations successful Saudi Arabia.