01 November 2024

Saudi Arabia’s National Center for Privatization & Public Private Partnership (NCP) has announced that consortiums of four regional utility developers have emerged as the qualified bidders for the development of a power plant in the Empty Quarter – Rub’al Khali (EQ- Power Project).

These are groups of the Saudi-based Alfanar and Olayan Energy; UAE’s Siraj Power for Renewable Energy; and Bahrain’s Lamar Holding, a key developer of large-scale public-private partnership (PPP) projects across oil and gas and energy transition in the GCC.

The project is being developed by NCP in collaboration with the kingdom’s Zakat, Tax, and Customs Authority (Zatca) in the kingdom’s Rub’al Khali region. It is being implemented on the design, build, finance, operation, maintenance and transfer model. The duration of the project will cover the construction period and 25 years of operations and maintenance.

The scope of work for the winning bidder includes:

•   Design and develop the facility in accordance with Zatca’s defined electricity demand at the EQ land port and the minimum technical requirements and output specifications;

•   Operation and maintenance of the power generation facility for a defined term of the project in accordance with the minimum technical requirements and output specifications specified;

•   Power generation and distribution up to the Zatca interface point;

•   Arranging of relevant permits and necessary approvals for the construction and operation of the plant. 

• FCC-Nesma team wins $1bn Qiddiya stadium contract
• Alfanar, Siraj, Lamar in race for major Saudi power project
• KEC unit to develop 5,000 hotel rooms in Madinah
• Hill secures PMC contract for key Saudi airports
• Excavation for Murabba’s Mukaab 86pc complete
• Ladun to develop $220m Makkah mixed-use project
• EIM brings Bestune models to kingdom’s market
• SBG to resume work on ‘world’s tallest tower’
• JinkoSolar wins Acwa solar module supply deal
• JCV hosts successful trucks expo in Abha

Tags

Neom Northern Emirates Hotels & Luxury Property Focus: Saudi Build Focus: Big 5 Global Focus: Mega-disrupters in Projects Crushers & Screens Just Out Legally Bound Regional News Saudi Focus UAE Focus Events Manufacturers & Procurement Tenders

Gulf Construction is the undisputed leading trade journal for the building and construction industries of Saudi Arabia and the other Gulf states. The magazine provides editorial coverage on a wide range of topics which are of interest to industry professionals. In addition, regular features highlight technological developments within specific industry fields. Launched 40 years ago, the magazine has established an enviable reputation as an authoritative, respected journal with unmatched coverage of the Gulf region. Gulf Construction is essential reading for anyone with a serious interest in the region’s building and construction industry.