Saudi Arabia’s Al-Toukhi Company for Industry, Trading & Contracting Ltd (Al-Toukhi) and Switzerland-based Pöyry Energy Ltd (Pöyry) have signed an MoU paving the way for a future agreement to cooperate on engineering, procurement and contracting (EPC) projects.

Mazin Al-Alami, president of Al-Toukhi, signed on behalf of his company, while Nico Kruger, Pöyry director of energy for the Middle East and Southern Africa, signed on behalf of his.
“The agreement comes at a time when Saudi Arabia is witnessing a tremendous growth in the power sector and related projects prompted by increased demand due to population growth and economic expansion,” a joint statement said. “Coupled with sector privatisation, mega Saudi power projects will be a major player in the utilities expansion for years to come. Al-Toukhi will tap into Pöyry’s expertise in preparing, proposing and executing such EPC projects.”
Al-Alami said in remarks at the signing ceremony that the expansionist trend Saudi Arabia was witnessing in terms of the infrastructure of power generation, transmission and distribution called for an overhauling of the modus operandi of EPC contractors to meet the anticipated growth.
“This is the main driver behind our joint effort with Pöyry, which boasts international expertise and strong sector know-how along with local project knowledge,” commented Al-Alami.
Kruger said the Saudi market was undergoing a transformation in the power sector as was seen in the upgrade from open cycle to combined cycle generation, the construction of thermal power plants and the provision of high-voltage transmission lines. “This and other areas create fertile cooperation ground for our company and Al-Toukhi to team up on EPC projects,” said the official.
The Pöyry Group is acknowledged as a global expert in consulting and engineering. The company offers its clients in-depth industry expertise, innovative solutions and lifecycle engagement. Pöyry’s knowledge extends across power and heat, renewable energy, hydropower, oil and gas, pulp and paper industry, chemical process industry, transportation, water and environment, and construction services. The company has about 7,500 experts located in 49 countries.
Pöyry Energy is a world leader in consulting engineering and project management for power generation and describes as outstanding its track-record in combined cycle projects, thermal power plants and transmission and distribution projects. The company has already been involved in several power references in Saudi Arabia and wants to become a major player in this market.
Al-Toukhi is an EPC contractor for electro-mechanical and civil works in the kingdom. Established in 1972, it enjoys 100 per cent Saudi ownership and a Grade 1 classification by the Saudi Ministry of Public Works and Housing while also being ISO 9001–2000 certified.
It has completed numerous turnkey projects, ranging in value from SR2 million to SR500 million. Over the past decade the company completed more than 50 power projects. These included 11 gas turbines in Jazan, two power stations with GE type “F” GT units, Faras Power Plant and PP8 Extension III Project, several power plant extension projects, improvement of output power of 10 GE type 7001EA gas turbine generating sets by air inlet cooling resulting in 30 per cent increased efficiency at PP8, scores of outdoor and indoor 380/132/33-13.8 kV substations, numerous Scada and communication systems for substations with complete LDC, hundreds of kilometers of 132 kV and 380 kV double-circuit overhead cables, transmission lines and underground power cables.