Larsen & Toubro (L&T) Renewables announced in a statement that it has awarded a turnkey EPC Contract for Sudair Solar PV Project of 1.5GW capacity.
The Project was awarded by consortium led by ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)).
The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the Major projects is in the range of over Rs 5000 crore (1$=74.7 Rs).
This project is considered the largest Solar Plant in Saudi Arabia with PPA signed. It is also one of the largest such plants in the world.
The project that is coming up in Riyadh Province has a 30.8 square kilometre land parcel available to install a total capacity of 1.5GW PV Solar modules with associated single axial tracker and inverters.
The Project location is in Sudair Industrial City, 150km from Riyadh.
The ambitions of Saudi Arabia’s National Renewable Energy Program (NREP) are on track. As part of the NREP, Sudair Solar PV Project is awarded to PIF and its partner, ACWA Power. (read more)
This project is part of the 70% of the target capacity of 58.7 GW of the Kingdom assigned to Public Investment Fund (PIF), while Renewable Energy Project Development Office (REPDO) would undertake competitive tendering for the remaining 30%, as announced by the Ministry of Energy in 2019.
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Read Also: L&T secured EPC contract of Jeddah Solar PV Plant
Saudi Arabia signed Power Purchase Agreement for 2,970MW Solar PV Projects
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