Saudi Arabia Announced to launch Four New Combined Cycle Power Generation Projects

Saudi Arabia Announced to launch Four New Combined Cycle Power Generation Projects

Saudi 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.