The Saudi Power Procurement Company (SPPC) has announced the launch of four Independent Power Plant Projects for bidding with a total capacity of 7,200 MW.
The company indicated that the four projects are distributed across two power plants in the central region (Rumah1 & Rumah2), and two in the eastern region (Nairyah1 & Nairyah2), with a capacity of 1800 MW per plant, all of which operate using natural gas combined cycle technology with provision for carbon capture unit readiness.
The company stated that these projects come in alignment with the Saudi Green Initiative, and its ambition to achieve greenhouse gases (GHGs) net-zero through the circular carbon economy approach by 2060, or before depending on technology maturity and availability and count as a part of the Saudi energy sector’s endeavors to achieve the Saudi Vision 2030 goals pertaining to improving generation efficiency and reducing costs through diversifying energy production sources, thus reaching the optimal energy mix for electricity production and reducing the amount of liquid fuel used by the country’s electricity production sector, in order to achieve the optimal energy mix for electricity production in the Kingdom from renewable energy and gas at a 50% for each of them.
Interested Bidders need to submit their confirmation, latest by 05 January 2024, 16.00.
Earlier during November 2023, SPPC awards 7.2 GW Taiba 1-2 and Qassim 1-2 power plant Projects to Developer. (read more)
