Saudi Power Procurement Company (SPPC) aims to re-tender two independent power projects in Saudi Arabia. The state-owned company is in charge of planning and implementing initiatives to generate electricity in the Kingdom.
SPPC stated that the projects, Taiba and Qassim IPP, will each have a 3.6GW capacity. It went on to say that all previously qualified developers will be automatically considered for the new projects, while additional interested parties can submit bids. The requests for proposals (RFPs) will be distributed to qualifying candidates on 20 January 2023.
The Taiba and Qassim power projects will each be equipped with carbon capture and sequestration readiness mechanisms
Both facilities will include carbon capture and sequestration (CCS) preparedness capabilities, which are in line with the Saudi Green Initiative and its declared greenhouse gas (GHGs) Net Zero objective by 2060. This will be accomplished by deploying technologies for a circular carbon economy approach.
The projects will establish SPCC’s ability to implement CCS or other potential solutions to address GHG emissions when thought practicable, allowing for greater involvement of developers, EPCs, and Original Equipment Manufacturers (OEMs). According to the agreement, SPPC will re-tender the two projects into four smaller combined cycle power projects of 1,800MW capacity.