Siemens to supply power plant components at a total value of over USD1 billion
Siemens Energy has received an order from Saudi Arabia for the supply of components for a combined cycle power plant with an associated seawater desalination facility. For the power plant Ras Az Zawr Siemens will supply twelve gas turbines, ten heat-recovery steam generators, five steam turbines, and the associated auxiliary and ancillary systems. The order volume for Siemens is more than USD1 billion. This makes it one the largest orders posted by Siemens Energy in the Middle East. Purchaser is a consortium comprising Al Arrab Contracting Company, Saudi Arabia and the Chinese SepcoIII Electric Power Construction Corporation. Start of commercial operation scheduled for early 2014.
The Ras Az Zawr facility will be built approximately 75 kilometers northwest of Jubail. The 2400-megawatt (MW) plant will generate electricity to an aluminum smelting plant, and approximately 225 MiGD (million imperial gallons per day) of drinking water for the capital city Riyadh with its five million inhabitants. That amount is equivalent to approximately one billion liters of drinking water or around 200 liters per inhabitant.
"Ras Az Zawr is one of the most important megaprojects in Saudi Arabia. It is another great example of the outstanding strength in the partnership between Siemens, ACC and Sepco. With this step Siemens establishes its dominant role for advanced gas turbines worldwide as well as in Saudi Arabia," said Michael Suess, CEO of the Fossil Power Generation Division of Siemens Energy.
Saudi Arabia is an attractive power generation market. In the next ten years it is anticipated that Saudi Arabia's population will increase from 28 million to 40 million inhabitants. To meet the significant rise in power demand the installed capacity will have to double. Every year it will be necessary to build new power plants with a combined capacity of at least 4000 MW. The kingdom is therefore making major investments in the expansion of capacities for power and drinking water supply. "Siemens is highly committed to support Saudi Arabia in meeting the energy generation demand now and in future", Süß added. After the Shuaibah IWPP, Jeddah III, Ghazlan and Al Khobar projects Ras Az Zawr will be the fifth large-capacity power plant built by Siemens in Saudi Arabia. The company will also supply four gas turbines to Saudi Arabia for the Hail Extension II and Al Qurayat Expansion II projects.
High-efficiency combined-cycle power plants are part of Siemens' Environmental Portfolio. In fiscal 2010, revenue from the Portfolio totaled about EUR28 billion, making Siemens the world's largest supplier of ecofriendly technologies. In the same period, our products and solutions enabled customers to reduce their carbon dioxide (CO2) emissions by 270 million tons, an amount equal to the total annual CO2 emissions of the megacities Hong Kong, London, New York, Tokyo, Delhi and Singapore.
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Siemens in the Lower Gulf
Siemens LLC, founded in October 1999, oversees Siemens' activities in a region comprising the United Arab Emirates (UAE), Bahrain, Qatar, Oman and Yemen, where its Industry, Energy and Healthcare Sectors hold leading positions, while Siemens IT Solutions and Services operates across all three Sectors. In fiscal 2010 (October 1, 2009 - September 30, 2010), sales to customers in the Lower Gulf region amounted to EUR 1.2 billion, and new orders totaled almost EUR 775 million. Siemens currently has more than 1,800 employees working in the region.
Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies, generating some €28 billion - more than one-third of its total revenue - from green products and solutions. In fiscal 2010, which ended on September 30, 2010, revenue totaled €76 billion and net income €4.1 billion. At the end of September 2010, Siemens had around 405,000 employees worldwide. Further information is available on the Internet at: http://www.siemens.com.
© Press Release 2011
