Saudi Arabia prequalifies companies for 4 independent power projects
- Date: 06-Feb-2023
- Source: Zawya
- Sector:Real Estate
- Country:Saudi Arabia
Saudi Arabia prequalifies companies for 4 independent power projects
Saudi Power Procurement Company (SPPC), the principal buyer of electrical energy and capacity for power projects in the Kingdom, has prequalified 21 companies to participate in the development of four Carbon Capture and Sequestration (CCS)-ready Independent Power Plant (IPP) projects with a total capacity of 7,200 megawatts (MW).
Taiba 1, Taiba2, Qassim 1 and Qassim 2 IPPs would be gas-fuelled combined cycle power plants of 1,800 MW capacity each. Taiba is located in the Western region while Qassim is located in the Central region.
The Request for Proposals (RGP was issued on 21 January 2023 while the prequalification list was released on 31 January 2023.
Eighteen companies were prequalified as Financial and Technical Members (FTM):
1. Abu Dhabi National Energy Company (TAQA)
2. Kahrabel FZE - Engie
3. EDF
4. General Electric Company
5. International Company for Water and Power Projects (ACWA Power)
6. JERA Co
7. Korea Electric Power Corporation
8. Marubeni Corporation
9. Nebras Power
10. The Kansai Electric Power Co Inc.
11. Saudi Electricity Company
12. Power and Water Utility Company for Jubail and Yanbu (Marafiq)
13. Samsung C&T Corporation
14. Sumitomo
15. NTPC
16. China Power International Holding Ltd + Ajlan Brothers
17. Al Jomaih Energy & Water Co. (AEW) + EDRA Power Holdings
18. Sojitz Corporation
Two companies, Alfanar Company and Gulf Investment Corporation, were prequalified as