Construction & Real Estate

Elsewedy consortium achieves key Rabigh 1 expansion milestone with $1.4bn SEC deal

A consortium of Elsewedy Electric and Siemens Energy has achieved a major milestone in the expansion of Saudi Arabia’s Rabigh 1 power plant following the signing of a SAR5.3 billion ($1.4 billion) energy conversion agreement by Saudi Electricity Company (SEC) and Saudi Power Procurement Company (Principal Buyer). ...