The Saudi Power Procurement Company (SPPC) has received expressions of interest (EOI) from a total of 26 companies, including five Saudi companies, for the proposed combined cycle gas-fired Taiba Power Plant.
The plant will have a net power capacity of 3,600MW and to be located near Madinah in the Western Region of the Kingdom of Saudi Arabia.
The plant will have a net power capacity of 3,600MW and to be located near Madinah
Following the start of commercial operations, SPPC plans to execute a power purchase agreement (PPA) with the nominated developer for a period of 25 years. The project will be built on a build, own, and operate (BOO) model.
Saudi Power Procurement Company (SPPC) is being advised by Fichtner GmbH as Technical Consultant, Cranmore, appointed as Financial Consultant, and Linklaters, appointed as legal Consultant.