Samsung wins $1.2bn IWPP contract in KSA
The 2,100MW combined-cycle powered plant will be located in Rabigh
Samsung C&T became the EPC contractor for the Rabigh II Independent Power Project (R2IPP) in Saudi Arabia. A consortium consisting of Samsung C&T and ACWA Power was awarded preferred bidder status for the R2IPP tendered by the Saudi Electricity Company (SEC) in January. Since then, the project company Al Mourjan for Electricity Production Company was established with the wining consortium and SEC owning 50 per cent each.
The 2,100MW combined-cycle gas-fired powered plant will be located in Rabigh, on the western coast of Saudi Arabia, 150km north of Jeddah. The facility is expected to begin commercial operations in 2017.
Samsung C&T said: “The company is proud to be the EPC contractor of R2IPP which will help to deliver value to the economic expansion and at the same time serve the electricity needs of Saudi Arabia. We are confident that Samsung C&T can go beyond our client’s expectations by successfully completing this project on time and safely.”
Samsung C&T already has extensive experience with building power plants throughout the world and is currently working on the 4,000MW Qurayyah IPP in Saudi Arabia.