Elsewedy Electric and Sinohydro Sign About US$2.2 Billion EPC Contract for 2,313.5 MW Rabigh 2 Combined-Cycle Plant in Saudi Arabia

2026-10-20 According to reports, a consortium of Egypt’s Elsewedy Electric and China’s Sinohydro has signed an EPC contract worth about US$2.2 billion for the Rabigh 2 expansion project on Saudi Arabia’s western Red Sea coast. It is reported that Elsewedy Electric announced the contract on 13 October 2026. The facility is a natural gas-fired CCGT […]