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Al-Suweidi Electric partners on Rabigh 2 expansion
Alumco Electrical Company, in cooperation with Sinohydro, signed a contract valued at approximately $2.2 billion to expand the Rabigh 2 Independent Power Plant in Saudi Arabia. The goal is to enhance the plant's capacity, which currently stands at 2.3 gigawatts, with commercial operation targeted to begin in May 2029. The project includes the installation of six SGT gas turbines, two steam turbines, and complex systems to ensure simple cycle operation. It is considered one of the most prominent energy projects in the region, with over 39% progress achieved so far. The focus is on providing new and reliable capacity to meet the increasing electricity demand in the Kingdom.
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