Major players in race for 7.2 GW Saudi projects

Several major players have been prequalified for development of four power plants across the kingdom with a total capacity of 7200 MW.

 


Major players in race for 7.2 GW Saudi projects

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Saudi Arabia, Riyadh: Several major players have been prequalified for development of four power plants across the kingdom with a total capacity of 7200 MW.

Saudi Power Procurement Company (SPPC) has announced that a total of 21 top global utility project developers including Siemens, Samsung, GE, EDF, Kepco, Mitsubishi, and Marubeni as well as regional heavyweights Acwa Power and Taqa have been prequalified for the development of four power plants across the kingdom with a capacity of 7200 MW. They are distributed across two power plants in the central region (Rumah 1 and Rumah 2), and two in the eastern region (Nairyah 1 and Nairyah 2), with a capacity of 1800 MW per plant.

All of these plants will operate using natural gas combined cycle technology with provision for carbon capture unit readiness. The projects come in alignment with the Saudi Green Initiative, and its ambition to achieve greenhouse gases (GHGs) net-zero through the circular carbon economy approach by 2060, it added.

The SPPC says that the 7200 MW plants will help the kingdom reach the optimal energy mix for electricity production and cut the amount of liquid fuel used by the country’s electricity production sector, in order to achieve the optimal energy mix for electricity production in the kingdom from renewable energy and gas at a 50% for each of them.

Source: Zawya