--- title: "Siemens Energy secures a $1.6 billion order for two power plants in Saudi Arabia" description: "Siemens Energy has secured a $1.6 billion order for the Rumah 2 and Nairyah 2 power plants in Saudi Arabia, providing key technologies and equipment, and signing a 25-year maintenance agreement. The p" type: "news" locale: "en" url: "https://longbridge.com/en/news/231493291.md" published_at: "2025-03-12T07:53:30.000Z" --- # Siemens Energy secures a $1.6 billion order for two power plants in Saudi Arabia > Siemens Energy has secured a $1.6 billion order for the Rumah 2 and Nairyah 2 power plants in Saudi Arabia, providing key technologies and equipment, and signing a 25-year maintenance agreement. The project is contracted by HARBIN ELECTRIC Group International Company, with each power plant having an installed capacity of 1.8 gigawatts. Once completed, they will become one of the largest combined cycle power plants in the world, expected to meet the electricity needs of approximately 1.5 million households On March 12, Siemens Energy announced that it will provide key technologies and equipment for the Rumah 2 and Nairyah 2 combined cycle power plants in Saudi Arabia, along with a long-term maintenance agreement for 25 years, with a total order value of $1.6 billion. Harbin Electric Group International Company, as the general contractor for the project, will collaborate with Siemens Energy to jointly construct this project. Both Rumah 2 and Nairyah 2 power plants have a capacity of 1.8 gigawatts and are located in the western and central regions of Saudi Arabia, respectively. Once completed, they will become one of the largest combined cycle power plants in the world, expected to meet the electricity needs of approximately 1.5 million households ### Related Stocks - [01133.HK - HARBIN ELECTRIC](https://longbridge.com/en/quote/01133.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Al Rajhi Bank Secures Saudi CMA's Nod for Capital Increase | Al Rajhi Bank Secures Saudi CMA's Nod for Capital Increase | [Link](https://longbridge.com/en/news/276093259.md) | | Saudi Cement H2 Dividend Per Share SAR 0.8 | SAUDI CEMENT COMPANY SJSC :SAUDI CEMENT H2 CASH DIVIDEND PER SHARE SAR 0.8 | [Link](https://longbridge.com/en/news/276005730.md) | | Amak plans capital top-up as Saudi mining flourishes | Saudi miner Almasane Alkobra Mining Company (Amak) plans to raise SAR680 million ($181 million) through a rights issue t | [Link](https://longbridge.com/en/news/276096617.md) | | ZAWYA-PRESSR: TAIBA participates as Strategic Partner in Umrah and Ziyarah Forum 2026 | TAIBA, a key player in Saudi hospitality, will participate as a strategic partner in the Umrah & Ziyarah Forum 2026, org | [Link](https://longbridge.com/en/news/276006098.md) | | ZAWYA-PRESSR: SVC develops pioneering intelligence capability for faster, smarter market-making | Saudi Venture Capital Company (SVC) has launched Aian, an AI-driven intelligence platform designed to enhance market-mak | [Link](https://longbridge.com/en/news/276061148.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.