GE Vernova to supply gas turbines for Qurayyah IPP expansion project in Saudi Arabia
The contract was awarded by the Engineering, Procurement and Construction (EPC) consortium comprising Técnicas Reunidas and Orascom Construction, according to the press statement issued by the NYSE-listed company.
The combined cycle gas-fired power plant is designed to be carbon-capture ready.
The project is being developed by Hajr Two Electricity Co., a joint venture between ACWA Power, Saudi Electricity Company (SEC), and Haji Abdullah Alireza & Co.
The Power Purchase Agreement (PPA) was signed with Saudi Power Procurement Company (SPPC – Principal Buyer) in February 2025.
(Writing by Deva Palanisamy; Editing by Anoop Menon)
(anoop.menon@lseg.com)
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