Qurayyah IPP

Qurayyah IPP (QIPP) is a large gas and fuel oil fired combined cycle power station currently under construction in Qurayyah, Saudi Arabia.The project is being developed on a BOO (Build Own Operate) basis, with finance from international banks (HSBC, Standard Chartered, SMBC) and numerous local banks (Banque Saudi Fransi, National Commercial Bank, Samba, Arab National Bank, Saudi British Bank and Saudi Hollandi Bank).TechnologyThe power station consists of six identical groups of equipment provided by Siemens, each with a net output of. Each block has a 2+2+1 configuration consisting of two SGT6-5000F Combustion Turbines, two Heat Recovery Steam Generators, and one SST6-4000 Steam Turbine. At 52%, it is the most efficient power station of its kind in the country, and one of the largest in the world, at.ShareholdersThe shareholder structure of Hajr Electricity Production Company is as follows: ACWA Power: 17.5% Samsung C&T Corporation: 17.5% MENA Infrastructure: 15% Saudi Electricity Company: 50%EPC contractorSamsung C&T Corporation has been appointed as EPC contractor.