Saudi Power Procurement Company (SPPC) has announced that it has signed power purchase agreements with consortiums of Al Jomaih Energy and Water as well as Saudi Electricity Company for its key conventional independent power plant (IPP) projects – Taiba-1, Taiba-2, Qassim-1, and Qassim-2 – being set up in the kingdom at an investment of nearly SR29 billion ($7.8 billion).
Saudi Power Procurement Company (SPPC) has announced that it has signed power purchase agreements with consortiums of Al Jomaih Energy and Water as well as Saudi Electricity Company for its key conventional independent power plant (IPP) projects – Taiba-1, Taiba-2, Qassim-1, and Qassim-2 – being set up in the kingdom at an investment of nearly SR29 billion ($7.8 billion).
The utility, equipped with reverse osmosis technology, will have a daily capacity of 570,000 cubic meter per day to supply 2 million people in the cities of Riyadh and Qassim once commercially operational in 2024.
Saudi Power Procurement Company (SPPC) has announced that it has signed power purchase agreements with consortiums of Al Jomaih Energy and Water as well as Saudi Electricity Company for its key conventional independent power plant (IPP) projects – Taiba-1, Taiba-2, Qassim-1, and Qassim-2 – being set up in the kingdom at an investment of nearly SR29 billion ($7.8 billion).
The utility, equipped with reverse osmosis technology, will have a daily capacity of 570,000 cubic meter per day to supply 2 million people in the cities of Riyadh and Qassim once commercially operational in 2024.
The utility, equipped with reverse osmosis technology, will have a daily capacity of 570,000 cubic meter per day to supply 2 million people in the cities of Riyadh and Qassim once commercially operational in 2024.
Acwa Power has emerged as the preferred bidder for the construction and operation of the Hassyan Phase 1 Independent Water Producer (IWP) project. Being set up at with an investment of US $914mn, the plant will process 180 million imperial gallons per day (MIGD) of sea water, using ‘reverse osmosis’ technology.
Saudi Power Procurement Company (SPPC) has announced the winning bidders for four of its key conventional independent power plant (IPP) projects – Taiba-1, Taiba-2, Qassim-1, and Qassim-2 – being set up in the kingdom at an investment of nearly SR29 billion ($7.8 billion).
ACWA Power won the bid thanks to its capabilities in the field and pledge to deliver the project with a water levelized tariff of $0.36536 /cubic metre of desalinated water – which would make it the world’s most efficient desalination facility using sea water reverse osmosis technology powered by solar energy.
The utility, equipped with reverse osmosis technology, will have a daily capacity of 570,000 cu m per day to supply 2 million people in the cities of Riyadh and Qassim once commercially operational in 2024.