{"id":85651,"date":"2026-10-17T21:44:39","date_gmt":"2026-10-17T18:44:39","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/rabigh-2-ipp-expansion-epc-contract\/"},"modified":"2026-10-17T21:45:11","modified_gmt":"2026-10-17T18:45:11","slug":"rabigh-2-ipp-expansion-epc-contract","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/rabigh-2-ipp-expansion-epc-contract\/","title":{"rendered":"ELSEWEDY ELECTRIC PSP and Sinohydro Sign $2.2B Rabigh 2 IPP Expansion Contract"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The joint venture of ELSEWEDY ELECTRIC PSP and Sinohydro has signed an EPC contract for the Rabigh 2 IPP expansion project valued at approximately $2.2 billion. Awarded by developer Al Mourjan Two for Electricity Company, the agreement initiates full-scale execution of the 2.3 GW combined-cycle gas turbine facility in Saudi Arabia.<\/p><p class=\"wp-block-paragraph\">Under the terms of the agreement, the joint venture manages design, engineering, procurement, construction, commissioning, and testing. Additionally, the group oversees all associated civil works and national grid interconnection, driving expansion in national <a href=\"\/category\/economy\/\">economy<\/a> infrastructure.<\/p><h2 class=\"wp-block-heading\">Rabigh 2 IPP Technical Specifications<\/h2><p class=\"wp-block-paragraph\">The plant features an SGT6-5000F 2\u00d7(3\u00d73\u00d71) configuration comprising six Siemens SGT6-5000F gas turbines and two Siemens SST-5000 steam turbines. Furthermore, the installation includes six Heat Recovery Steam Generators, a cooling tower, a bypass stack, and a diverter damper for simple-cycle operation.<\/p><p class=\"wp-block-paragraph\">The facility integrates balance of plant mechanical, electrical, and control instrumentation systems. These specialized systems function alongside existing grid networks to ensure reliable power dispatch across municipal and industrial sectors.<\/p><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/10\/rabigh-2-ipp-elsewedy-electric-inline-1.webp\" alt=\"ELSEWEDY ELECTRIC corporate operations\"\/><figcaption class=\"wp-element-caption\">ELSEWEDY ELECTRIC<\/figcaption><\/figure><h2 class=\"wp-block-heading\">Current Construction Progress and Milestones<\/h2><p class=\"wp-block-paragraph\">Field activities began earlier under a Limited Notice to Proceed, allowing site operations to advance ahead of the formal contract signing. Specifically, overall progress on the project has surpassed 39% across multiple disciplines.<\/p><p class=\"wp-block-paragraph\">Workplace records confirm the site completed more than five million safe man-hours without lost-time incidents. This benchmark reflects the construction protocols implemented across active engineering zones.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Rabigh 2 IPP Expansion is an important addition to Saudi Arabia\u2019s power system, providing the reliable and flexible generation capacity needed to support the kingdom\u2019s growing electricity demand.&#8221;<\/p><cite>Dr. Samir J Serhan, Chief Executive Officer, Acwa<\/cite><\/blockquote><h2 class=\"wp-block-heading\">Leadership Commentary on Execution<\/h2><p class=\"wp-block-paragraph\">Executive representatives emphasized project coordination between developer partners and the construction joint venture. Delivery teams remain aligned to meet planned engineering schedules.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Together with Sinohydro, we bring the full scope of this project, from engineering through to commissioning under one accountable team.&#8221;<\/p><cite>Hesham Hegazy, Chief Executive Officer, Elsewedy Electric PSP<\/cite><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Sinohydro is proud to bring its global EPC experience to this partnership with Elsewedy Electric PSP, and together we are committed to executing every element of this project&#8217;s scope.&#8221;<\/p><cite>Peng Gang, President, PowerChina MENA<\/cite><\/blockquote><h2 class=\"wp-block-heading\">Grid Support and Future Timeline<\/h2><p class=\"wp-block-paragraph\">Commercial operation of the Rabigh 2 IPP facility is scheduled for May 2029. Consequently, the completed plant will supply additional baseload capacity to meet rising commercial, industrial, and residential electrical demand throughout Saudi Arabia.<\/p>","protected":false},"excerpt":{"rendered":"<p>A joint venture between ELSEWEDY ELECTRIC PSP and Sinohydro has signed a $2.2 billion EPC contract for the 2.3 GW Rabigh 2 expansion in Saudi Arabia.<\/p>\n","protected":false},"author":2,"featured_media":85650,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"{\"x_hook\":\"ELSEWEDY ELECTRIC PSP and Sinohydro signed a $2.2 billion EPC contract to build the 2.3 GW Rabigh 2 gas-fired power facility in Saudi Arabia.\",\"x_takeaways\":\"Key Details:\\n\ud83d\udd39 $2.2 billion EPC contract signed for 2.3 GW combined-cycle plant\\n\ud83d\udd39 Facility includes 6 Siemens SGT6-5000F turbines and 2 steam turbines\\n\ud83d\udd39 Overall site progress exceeds 39% under limited notice to proceed\\n\ud83d\udd39 Over 5 million safe man-hours logged on site to date\\n\ud83d\udd39 Commercial operations scheduled to begin in May 2029\"}","_yoast_wpseo_opengraph_title":"ELSEWEDY ELECTRIC PSP and Sinohydro Sign $2.2B Rabigh 2 IPP Expansion Contract","_yoast_wpseo_opengraph_description":"The joint venture of ELSEWEDY ELECTRIC PSP and Sinohydro has signed a $2.2 billion EPC agreement to build the 2.3 GW Rabigh 2 plant.","_yoast_wpseo_opengraph_image":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/10\/rabigh-2-ipp-elsewedy-electric.webp","_yoast_wpseo_opengraph_image_id":85650,"_yoast_wpseo_twitter_title":"Rabigh 2 IPP: $2.2B EPC Contract Finalized","_yoast_wpseo_twitter_description":"ELSEWEDY ELECTRIC PSP and Sinohydro secure a $2.2B contract for the 2.3 GW Rabigh 2 project targeting completion in 2029.","_yoast_wpseo_twitter_image":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/10\/rabigh-2-ipp-elsewedy-electric.webp","_yoast_wpseo_twitter_image_id":85650,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"1","_extra_featured_post":"0","_partner_post_id":117183,"footnotes":""},"categories":[24],"tags":[6745,6976,1810,6975,6977],"class_list":["post-85651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-5g-saudi-arabia","tag-elsewedy-electric-psp","tag-power-generation","tag-rabigh-2-ipp","tag-sinohydro","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rabigh 2 IPP: $2.2B Expansion Deal Signed | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"The Rabigh 2 IPP expansion moves forward with a $2.2 billion EPC contract signed 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