Saudi Arabia Announced to launch Four New Combined Cycle Power Generation Projects
23 January 2023Saudi Power Purchasing Company (SPPC) announces Announcing to launch four new combined cycle electrical power generation projects With readiness for carbon captured unit
Projects will have a total capacity 7,200 MW, as follows:
- Taiba IPP 1 1,800 MW
- Taiba IPP 2 1,800 MW
- Qassim IPP 1 1,800 MW
- Qassim IPP 2 1,800 MW
The statement mentioned that the project are In alignment with Kingdom’s Saudi Green Initiative, and its stated greenhouse gases (GHGs) net-zero ambition by 2060, in addition to the energy sector’s objectives to ensuring security of supply, diversity of market participation, fair competition, and transparency, Contributing to raising the local content percentage and industry localization.
Earlier, SPPC announced that it will it will be re-tendering Taiba and Qassim IPP projects with provision for Carbon Capture and Sequestration (CCS) readiness.
Related
-
Iberdrola to increase stake in Brazilian utility Neoenergia to 84%
15 September 2025
-
$500M financing secured for Oman–GCC electrical interconnection project
15 September 2025
-
Miahona pens deals for water infrastructure projects in Uzbekistan
12 September 2025
-
Hyundai Rotem keen on developing high-speed railways in Vietnam
12 September 2025
-
Hanoi approved plan to build the fifth metro line
12 September 2025
-
Saudi Arabia issues tenders for two PPP water projects
12 September 2025