Economy

Saudi Power Procurement Co. extends tender closing date for Taiba IPP contract to October

Follow-ups -eshrag News:

Sun, 2022-06-05 15:51

RIYADH: Saudi Power Procurement Co., also known as SPPC, has extended the tender closing date for the contract to develop the 3,600MW Taiba independent power project in Saudi Arabia by four months to October, MEED reported.

SPPC could be considering integrating decarbonization measures into the planned gas-fired power generation plant, the first to be procured since 2016, industry sources told MEED. 

SPPC prequalified 10 potential lead developers in February, out of over two dozen firms that expressed interest in bidding for the contract in November. 

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