Siemens Energy secures $1.6 billion power plant project in Saudi Arabia

BERLIN (Reuters) - Siemens Energy has been awarded a $1.6-billion project to provide technology for two gas-fired power plants in Saudi Arabia, the German company said on Wednesday.

The project will allow Rumah 2 and Nairyah 2 in the country's western and central regions to add 3.6 gigawatts of power to the national grid, Siemens Energy said in a statement.

The project, with Harbin Electric International as a contractor, includes long-term maintenance agreements to support the plants' operational reliability over the next 25 years, it added.

(Reporting by Rachel More, editing by Thomas Seythal)