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Siemens announces $966.8M order from Saudi Aramco

Siemens announced that it will supply the key components for a major combined cycle power plant in the Kingdom of Saudi Arabia. The power station is designed to deliver electricity to the Jazan Industrial city area in the southwest of the country and to the refinery of Jazan, which will additionally be supplied with process steam. With an installed capacity of 4,000 megawatts, Jazan will be the largest gasification-based power plant site in the world, the company add. The contract is worth $966.8M.