Pöyry Oyj : PÖYRY AWARDED OWNERS ENGINEER ASSIGNMENT FOR SHUQAIQ STEAM POWER
PLANT IN SAUDI ARABIA
PÖYRY PLCPress release 5 September 2013 at 11:00 am.
Saudi Electricity Company (SEC) has awarded Pöyry with the owner's engineer
services for the conventional steam power plant and 380 KV substation in
Shuqaiq, Saudi Arabia. The assignment includes the design review and site
supervision of the complete power plant, the 380 KV substation, the flue gas
cleaning system, seawater intake and all related auxiliary systems. This new
Conventional Steam Power Project, Shuqaiq, will be located at the coast in the
Western Province of Saudi Arabia.
Shuqaiq power plant consists of four 660 MW heavy fuel oil fired supercritical
boilers, a 380 kV substation, related seawater intake, flue gas cleaning
system and all necessary auxiliaries. It will have a generation capacity of
2640 MW. The project is an important milestone to meet the fast growing energy
demand in the country.
"Pöyry is one of the world's leading power engineering companies. This
assignment strengthens our well established position and shows that our
capabilities and quality has been recognised in Saudi Arabia," says Dr.
Raffael Schubiger, President Global Competence Line Thermal Power, Energy
The value of the order is EUR 40 million. The order will be recognised within
the Energy Business Group order stock in Q3. The duration of the assignment is
approximately 60 months.
Dr. Raffael Schubiger
President, Thermal Power, Energy Business Group, Pöyry
Tel. +41 76 356 20 67
Pöyry is an international consulting and engineering company. We serve clients
globally across the energy and industrial sectors and locally in our core
markets. We deliver strategic advisory and engineering services, underpinned
by strong project implementation capability and expertise. Our focus sectors
are power generation, transmission & distribution, forest industry, chemicals
& biorefining, mining & metals, transportation, water and real estate sectors.
Pöyry has an extensive local office network employing about 6,500 experts.
Pöyry's net sales in 2012 were EUR 775 million and the company's shares are
quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
This announcement is distributed by Thomson Reuters on behalf of Thomson
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(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.
Source: Pöyry Oyj via Thomson Reuters ONE
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