Doosan Heavy Industries & Construction said it jointly signed a $900mn contract with global energy supplier Engie for the construction of a combined cycle cogeneration power plant at the Fadhili gas plant, located 85km northwest of Jubail Industrial port in Saudi Arabia’s eastern province.
The Fadhili Combined Heat and Power Plant will be jointly owned by a Saudi Aramco affiliate (30%), Saudi Electricity Company (30%) and an Engie affiliate (40%), according to Trade Arabia.
Doosan will be in charge of the engineering, procurement, construction (EPC) work and commissioning of the cogeneration facility within the Fadhili gas plant.
A key milestone of the kingdom’s master gas system, the SR50bn ($13.3bn) project is the nation’s initiative to meet the growing energy needs by shifting from oil to gas for power generation.
Scheduled for completion by November 2019, the 1,509MW combined heat and power plant will supply 400 MW of electricity and steam for the Fadhili gas plant itself, while the remaining 1,100 MW will supply electricity to 1.1mn households nationwide.
Huntak Kim, the EPC BG chief executive of Doosan Heavy Industries & Construction, said,
“The cogeneration plant will enhance the overall energy efficiency of the Fadhili gas plant. It will give Doosan an increased advantage to deliver more of its advanced power solutions and services where 40,000 MW of power capacity increase from combined heat and power plants is planned by 2024.”