The Renewable Energy Project Development Office (REPDO), Ministry of Energy, Saudi Arabia has extended the bid submission date for Round 3, Category B Solar PV Projects.
For Category B Projects (1000MW), the Bid submission date has been extended up to 03 June 2021 from its previous bid submission date of 24 May 2021.
Earlier, during May 2021, REPDO received bidders proposals for category A of projects having total Capacity of 200MW. (read more)
Category B: Category B will consist of two projects of total Capacity 1000MW (read more)
- Ar Rass Solar PV IPP with a capacity of 700 MW to be located in the central Province, approximately 420 km from Riyadh city
- Saad Solar PV IPP with a capacity of 300 MW to be located in the central Province, approximately 80 km from Riyadh city
REPDO is being advised by Sumitomo Mitsui Banking Corporation (DIFC Branch) – Lead and Financial Adviser, DLA Piper Middle East LLP – Legal Adviser and Fichtner GmbH & Co. KG – Technical Adviser for this project.
All projects tendered by The Ministry of Energy are 100% IPPs backed by 25-year Power Purchase Agreements (PPA) with the Saudi Power Procurement Company (SPPC) as offtaker.
