Aug. 19, 2003 -- For the first time Siemens Power Generation (PG) will build a gas turbine power plant with process steam extraction in Saudi Arabia. The order for construction and commissioning of the Al Jubail plant is valued at around US Dollar 145 million.

The power plant will be located on the Arabian Gulf, approximately 100 kilometers north of Dammam. It will have a capacity of 260 megawatts and of produce more 500 tons of steam per hour. The plant is scheduled to be completed by May 2005.

The Al Jubail power plant will be owned by Jubail Energy Company of Saudi Arabia, and will provide power for the petrochemical company SADAF. The gas-fired plant will be equipped with two Siemens 501 D gas turbines, which will be manufactured at the company's plant in Hamilton, Canada, and two generators will come from Siemens manufacturing plant in Erfurt, Germany. The company will also supply the Teleperm XP instrumentation and control equipment, and the two heat-recovery steam generators.

All of the power generated in Al Jubail will be used in the petrochemical plant that produces basic chemical substances. Following the recent posting of a power plant order from Kuwait, Siemens PG can further expand its strong position in the Gulf region with the project in Saudi Arabia.

The Power Generation Group (PG) of Siemens AG is one of the premier companies in the international power generation sector. In fiscal 2002 (which ended September 30), Siemens PG posted sales amounting to EUR9.4 billion and received new orders totaling EUR10.6 billion. Group profit amounted to EUR1.582 billion. On September 30, 2002, Siemens PG had a workforce of around 26,000 worldwide.