Banner Banner Banner

Qurayyah IPP

Qurayyah IPP

OVERVIEW

Qurayyah IPP, a greenfield project, is being developed on a BOO (build, own, operate) basis located on the eastern coast of Saudi Arabia with a net generation capacity of 3,927 MW. The design production capacity will make it, once completed, the largest IPP combined cycle gas-fired power plant in the world.

Qurayyah IPP was recognized as a land mark transaction and won numerous awards including the Middle East IPP Deal of the Year (2011) from Project Finance magazine, published by Euromoney and the Best Project Finance Deal in 2011, from Euromoney’s Islamic Finance and “Best Power Deal” from EMEA Finance Magazine in its annual Project Finance awards.

KEY FACTS

  • LOCATION

    Eastern Province, Saudi Arabia

  • OFFTAKER

    Saudi Electricity Company

  • FUEL

    Natural Gas

  • POWER

    3,927 MW

  • CONFIGURATION

    Combined cycle (Gas & Steam)

  • PROJECT COST

    USD 2,717 Mn

  • COMMERCIAL OPERATIONAL DATE

    Q1 2015

  • ACWA POWER SHARE

    18%

  • OFFTAKE CONTRACT

    PPA-BOO 20 years

  • O&M

    NOMAC (Nominated Subcontractor: Siemens LTSA)

  • OTHER INVESTORS

    SEC, Samsung C&T, MENA Infrastructure

  • EPC

    Samsung C&T

Related Projects

  • icon1

    2,000 +

    employees across the globe

  • icon2

    28,000 + MW

    of power generation

  • icon3

    5.3 + million m3/day

    of desalinated water production

  • icon 4

    10 + countries

    of global presence

Widget

NOMAC Corporate Brochure

We are proud to bring you home your most important needs of everyday... Water & Electricity by providing safe and reliable O&M Solutions.

loader

Loading...