The Saudi Power Procurement Company (SPPC) announced the launch for bids of four Independent Power Plant Projects 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 and Rumah2) and two in the eastern region (Nairyah1 and Nairyah2), with a capacity of 1,800 MW per plant.
All the projects operate using natural gas combined cycle technology with provision for carbon capture unit readiness.
The company stated that these projects align with the Saudi Green Initiative, and its ambition is to achieve net-zero greenhouse gases (GHGs) through the circular carbon economy approach by 2060.
It is part of the Saudi energy sector's endeavors to achieve Vision 2030 goals of improving generation efficiency and reducing costs through diversifying energy production sources.
The goal is to reach the optimal energy mix for electricity production and reduce the amount of liquid fuel used by the country's electricity production sector to achieve the optimal energy mix for electricity production in the Kingdom from renewable energy and gas at 50% for each of them.
In November, under the supervision of the Ministry of Energy, the SPPC signed Power Purchase Agreements (PPAs) for the Taiba 1, Taiba 2, Qassim 1, and Qassim 2 Independent Power Plants (IPP) with a capacity of 1,800 MW each.
The PPAs for the Taiba 1 and Qassim 1 IPP, with a total capacity of 3,600 MW, were signed with a consortium consisting of the Saudi Electricity Company (SEC) as a Managing Member and ACWA Power as a Technical Member.
Additionally, the PPAs for the Taiba 2 and Qassim 2 IPPs, with a total capacity of 3,600 MW, were signed with a consortium consisting of al-Jomaih Energy and Water Company as Managing Member, EDF as Technical Member, and Buhur for Investment Company as Consortium Member.
It comes in addition to the expansion project of Rabigh Power Plant, which consisted of adding a block of combined cycle gas turbine units with a capacity of 1,200 MW.
The Procurement Company previously approved the Saudi Electricity Company to implement this expansion project.
All projects, with a total capacity of 8,400 MW, will contribute to supplying power to around 3.5 million residential units annually.
