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RFPs BY JANUARY 20

Saudi Arabia to re-tender two 3.6GW power projects

RIYADH, January 2, 2023

Saudi Power Purchasing Company (SPPC) has announced plans to ‏re-tender two independent power projects in the kingdom - Taiba IPP and Qassim IPP - each with a 3.6GW capacity.
 
According to SPPC, all the previous qualified developers will automatically be included for the new projects while other interested participants can submit their bids. The requests for proposals (RFPs) will be issued to qualified applicants on January 20, it stated.
 
Both these facilities will boast carbon capture and sequestration (CCS) readiness mechanisms in alignment with KSA’s Saudi Green Initiative, and its stated greenhouse gases (GHGs) net-zero ambition by 2060 which will be achieved through deployment of technologies for circular carbon economy approach.
 
As per the deal, SPPC will be re-tendering these projects into four smaller combined cycle power projects of 1800MW capacity.
 
SPPC pointed out that these projects would highlight the developer’s ability to implement CCS or other potential solutions to address GHGs emissions when deemed feasible allowing for greater participation of developers, global EPC players and original equipment manufacturers (OEMs).
 
This will drive further local content and value-added to the kingdom, it added.-TradeArabia News Service



Tags: Saudi Arabia | SPPC | power projects |

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