Contracts secured for Nairiyah and Rumah IPPs: Gas Arabian Services signed two contracts worth a combined SAR 830 mn with the Saudi Power Procurement Company (SPPC) to build sales gas delivery systems for the Nairiyah and Rumah independent power plants (IPPs), according to disclosures on Tadawul (here and here). Gas secured the contracts just two weeks ago.

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What we know: The SAR 504.3 mn Nairiyah IPP contract and the SAR 326.3 mn Rumah IPP contract cover the full EPC scope for the gas delivery systems, including design, engineering, procurement, supply, construction, installation, testing, and commissioning. Both contracts have a 24-month implementation period.

About the plants: The Rumah-1 and Nairyah-1 plants, located in the Central and Eastern Provinces, each have a production capacity of 1.8 GW, with both making up for nearly 2.5% of the national grid’s capacity. Acwa Power owns a 35% stake in both plants, while the Saudi Electricity Company and Korea Electric Power Corp. (Kepco) are also among the shareholders.

ICYMI- Nomu-listed Gas withdrew its request to transition to Tadawul’s main market in January, citing the need to square away additional liquidity and regulatory requirements.

IN OTHER ENERGY NEWS-

Doosan tapped for turbines, generators: South Korea’s Doosan Enerbility secured USD 248.7 mn worth of contracts to supply core power generation equipment for two gas-fired combined cycle power plant expansions in the Kingdom, South Korean news outlet Korea Herald reports. The agreements were signed with a joint engineering, procurement, and construction consortium led by Spain’s Tecnicas Reunidas and Egypt’s Orascom Construction.

What we know: The projects — Ghazlan 2 and Hajar — are both located around 400 km east of Riyadh and are scheduled for completion by 2028. Doosan will provide a total of four 650 MW steam turbines and four 540 MW power generators — two of each per plant. Each power plant will have a total generation of 2.9 GW once complete.

Doosan has a lot in the pipeline this year: Doosan secured orders last month to supply six M501JAC gas turbines and related equipment for the Rumah-1 and Nairyah-1 projects. Doosan has also been tapped by the Saudi Electricity Company to develop the 1.8 GW PP12 combined cycle power plant.

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