(Updated on 4 January 2024)

Saudi Power Procurement Company (SPPC),  the principal off-taker for power projects in Saudi Arabia, is seeking bids for four independent power plant (IPP) projects with a total capacity of 7,200 megawatts (MW).
The projects are distributed across two IPPs  in the central region (Rumah1 & Rumah2) and two in the eastern region (Nairyah1 & Nairyah2), with a capacity of 1800 MW per plant, Saudi Press Agency reported, citing a company statement. 

The plants will use natural gas combined cycle technology and have a provision for a carbon capture unit. 

SPPC said in a statement that it will conduct a competitive process to select a developer or developer consortia to develop each of the projects on a build, own and operate (BOO) basis. It said the projects at each site would be awarded to different bidders and not have the same developer or consortium develop both projects at a site.

The term of the Power Purchase Agreement (PPA) is expected to be up to 25 years following commercial operations date.

The four projects form part of SPPC's IPP procurement programme that aims to address the intermittency associated with increasing renewable energy production as well as replacing liquid fuel generation in favour of natural gas generation. The first set of four IPPs in this programme (Taiba-1, Taiba-2, Qassim-1, and Qassim-2) with a combined net power capacity of 7,200 MW are in the advanced stages of procurement.

Read more: ACWA Power signs PPAs for 2 gas-powered power projects in Saudi Arabia

(Writing by D Madhura; Editing by Anoop Menon)


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