SPPC announced the launch of four new combined-cycle electrical power generation plants.
The projects will have a total capacity of 7,200 MW, as follows:
Taiba IPP 1 has a capacity of 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 is in alignment with the Kingdom’s Saudi Green Initiative and its stated greenhouse gas (GHG) net-zero ambition by 2060.
According to the report, in addition to the energy sector’s objectives of ensuring security of supply, diversity of market participation, fair competition, and transparency, it also contributes to raising the local content percentage and industry localization.
Earlier, SPPC announced that it would be re-tendering the Taiba and Qassim IPP projects with provisions for carbon capture and sequestration (CCS) readiness.