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Press Dossier   News Category    Economy    Siemens Energy secures $1.6bn power plant project in Saudi Arabia

Arab News

Arab News, Thu, Mar 13, 2025 | Ramadan 13, 1446

Siemens Energy secures $1.6bn power plant project in Saudi Arabia

Saudi Arabia: Siemens Energy has been awarded a $1.6-billion project to provide technology for two gas-fired power plants in Saudi Arabia, the German company said on Wednesday.

The project will allow Rumah 2 and Nairyah 2 in the country’s western and central regions to add 3.6 gigawatts of power to the national grid, Siemens Energy said in a statement.

The project, with Harbin Electric International as a contractor, includes long-term maintenance agreements to support the plants’ operational reliability over the next 25 years, it added.

“Supplying key technologies for the Rumah 2 and Nairyah 2 power plants directly supports Saudi Arabia’s energy transition and its goal of achieving net zero emissions by 2060,” said Ahmed El-Serry, head of gas services sales, Middle East.

“By manufacturing critical components at our Siemens Energy Dammam Hub, this project further strengthens local production capabilities and builds expertise within the Kingdom, contributing to a more resilient energy sector,” he added.

This order further strengthens Siemens Energy’s established presence in Saudi Arabia’s Independent Power Producer market, solidifying its role in delivering a significant share of the Kingdom’s modern power generation.

The move will build on the success of previous projects such as Taiba 2 and Qassim 2 – which together added 4 GW to the national grid.

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