Siemens Energy wins $1.6bn project to advance energy transition in Kingdom

user icon
NOHA.GAD
calender icon
Mar 12, 2025
article image

Riyadh - Sharikat Mubasher: The German energy corporation Siemens Energy won a $1.6 billion project, with Harbin Electric International as the EPC contractor, to provide key technologies for the Rumah 2 and Nairyah 2 gas-fired power plants in Saudi Arabia.

The plants, located in the western and central regions, will add 3.6 GW of power to the national grid, the company revealed in a press release today.

The project includes long-term maintenance agreements to support the plants’ operational reliability over the next 25 years.

Core components for the power plants will be manufactured at the Siemens Energy Dammam Hub, which is currently expanding to increase local production capacity and support Saudi Arabia’s energy sector.

Siemens Energy will supply six SGT6-9000HL gas turbines, four SST6-5000 steam turbines, eight SGen6-3000W generators, two SGen6-2000P generators, and associated auxiliary equipment, with each site generating approximately 1.8 GW of electricity.

Ahmed ElSerry, Head of Gas Services Sales for the Middle East at Siemens, said: “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.”

He affirmed that the project will strengthen local production capabilities and build expertise within Saudi Arabia, contributing to a more resilient energy sector.

Rumah 2 and Nairyah 2 plants are designed to be compatible with advanced CO2 capture and storage technologies, supporting Saudi Arabia’s long-term emissions reduction goals. They will initially be integrated into the grid in simple cycle mode in 2027, transitioning to full operation as combined-cycle power plants by the following year.


Share

Related News

PIF’s Jada deepens push into private credit
News
Calendar Icon
February 25, 2026
PIF’s Jada deepens push into private credit
Read More
Apparel Group adds 25 new brands to expand presence in Saudi Arabia
News
Calendar Icon
February 24, 2026
Apparel Group adds 25 new brands to expand presence in Saudi Arabia
Read More
Alvarez & Marsal expands tax service offerings in Saudi Arabia
News
Calendar Icon
February 24, 2026
Alvarez & Marsal expands tax service offerings in Saudi Arabia
Read More
Scopely secures majority stake in Turkey’s Loom Games for $1bn
News
Calendar Icon
February 22, 2026
Scopely secures majority stake in Turkey’s Loom Games for $1bn
Read More
ExtraHop expands into Saudi Arabia in partnership with AstroLabs
News
Calendar Icon
February 17, 2026
ExtraHop expands into Saudi Arabia in partnership with AstroLabs
Read More
CEO: Keheilan to launch $8m deep tech fund in Saudi Arabia
News
Calendar Icon
February 15, 2026
CEO: Keheilan to launch $8m deep tech fund in Saudi Arabia
Read More
BMB Group plans to expand into Saudi Arabia, Egypt in 2026
News
Calendar Icon
February 11, 2026
BMB Group plans to expand into Saudi Arabia, Egypt in 2026
Read More
Siemens opens new office in Saudi Arabia to accelerate digital transformation
News
Calendar Icon
February 3, 2026
Siemens opens new office in Saudi Arabia to accelerate digital transformation
Read More
Qatar expands QIA Fund of Funds Program to $3bn
News
Calendar Icon
February 2, 2026
Qatar expands QIA Fund of Funds Program to $3bn
Read More
Farnaud: European investments in Saudi Arabia set to multiply within 5 years
News
Calendar Icon
January 25, 2026
Farnaud: European investments in Saudi Arabia set to multiply within 5 years
Read More