Orascom Construction and 50-50 joint venture partner Técnicas Reunidas have been awarded an EPC contract for the Qurayyah IPP Expansion Project in Saudi Arabia’s Eastern Province, Orascom announced on Monday.
The contract is valued at more than USD 2.6 billion and the companies have already received the limited notice to proceed with execution. The commissioning consortium is comprised of ACWA Power, Saudi Electricity Company and industrial services company Haji Abdullah Alireza & Co.