Doosan Energy, 540 billion won worth of power plant construction contract in Saudi Arabia

Doosan Energy, headquartered in Changwon, Gyeongsangnam-do, announced on the 23rd that it had signed a contract to build a combined heat and power plant in Saudi Arabia worth about 540 billion won.

This company has signed a contract with the Korea Electric Power Corporation (KEPCO), a project developer (developer), for the construction of ‘Saudi Jafurah Combined Heat and Power Plant’.

Korea Electric Power Corporation participates as a developer in charge of business development and operation. Doosan ENERGY conducts the entire process from design to supply of equipment, installation, and trial run (EPC).

The Japura cogeneration plant will be built about 400 km east of Riyadh, the capital of Saudi Arabia. It is scheduled to be completed in the second half of 2025. After completion, it will produce 320 MW of electricity and 314 tons of steam per hour to supply electricity and heat to the nearby Japura gas field.

Park In-won, head of Doosan Energy’s BG (Plant EPC), said, “I think it’s meaningful to be participating in the construction of an overseas power plant as Team Korea once again with KEPCO following the Ukudu combined cycle power plant in Guam, which was ordered in 2020.” We will strengthen our market penetration as orders for combined cycle power plants of about 30GW are expected over the next five years.”

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