Saudi Power Procurement Company (SPPC), the principal off-taker for power projects in Saudi Arabia, announced on Tuesday that it has signed a power purchase agreement (PPA) with Saudi Electricity Company (SEC) for Rabigh Power Plant expansion project.

The state-owned company announced on its X (formerly Twitter) account that the project will add Combined Cycle Gas Turbine (CCGT) units with a total capacity of 1,200 megawatts (MW) to the existing plant.

While the duration of the PPAs wasn't disclosed, ACWA Power had announced on Tuesday that it signed 25-year PPAs with SPPC for Taiba 1 and Qassim 1 IPPs.

SPPC also signed PPAs for Taiba 2 and Qassim 2 IPPs with the consortium of Al-Jomaih Energy and Water Company, EDF and Buhur for Investment Company.

(Writing by Senthil Palanisamy; Editing by Anoop Menon)


Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.