Elsewedy Electric PSP-Sinohydro JV Signs $2.2 Billion EPC Contract
The joint venture signed an engineering, procurement and construction contract for Saudi Arabia’s 2.3-gigawatt Rabigh 2 power plant expansion.
By Staff WriterArab Finance: The joint venture (JV) between Egypt-based power contractor Elsewedy Electric PSP and China-based engineering firm Sinohydro has signed an engineering, procurement, and construction (EPC) contract for the 2.3-gigawatt Rabigh 2 Independent Power Plant (IPP) Expansion Pro…