This image provided by Doosan Enerbility Co. on March 13, 2025, shows a map with information of the company’s combined cycle power plant projects in Saudi Arabia. (Image courtesy of Yonhap)
SEOUL, March 13 (Korea Bizwire) — Doosan Enerbility Co. said Thursday it has secured a 2.2 trillion-won (US$1.52 billion) contract to build two combined cycle power plants in Saudi Arabia.
The company said it has signed the engineering, procurement and construction (EPC) contract for the construction of Luma 1 and Nairiyah 1 power plants, each with a capacity of 1,800 megawatts, in the Middle Eastern nation.
The deal is part of a broader construction project won by a consortium led by South Korea’s state-run Korea Electric Power Corp. (KEPCO) and includes Saudi Arabia’s largest private independent power producer, as well as the Saudi Electricity Company.
The construction project was commissioned through an international bid by the Saudi Power Procurement Company.
“The contract underscores Doosan Enerbility’s construction expertise and competitiveness in the global energy sector, particularly as the Middle East’s energy demand continues to grow,” Lee Hyun-ho, head of the company’s plant EPC division, said.
(Yonhap)
