‏Re-tendering Taiba and Qassim Independent Power Plant (IPP) projects with provision for Carbon Capture and Sequestration (CCS) readiness

Logo of The Saudi Power Procurement Co. "Principal Buyer"

In alignment with KSA’s Saudi Green Initiative, and its stated greenhouse gases (GHGs) net-zero ambition by 2060 through deployment of technologies for circular carbon economy approach in addition to the energy sector’s objectives to ensuring security of supply, diversity of market participation, fair competition, and transparency, the Saudi Power Procurement Company will be re-tendering Taiba and Qassim projects into four (4) smaller combined cycle power projects of 1800MW capacity each with provision for Carbon Capture and Sequestration (CCS) readiness. 

‏All Taiba and Qassim qualified developers are automatically qualified for the new projects while other interested participants can submit their qualification documents starting today. 

‏These projects will introduce the developer’s ability to implement CCS or other potential solutions to address GHGs emissions when deemed feasible allowing for greater participation of developers, EPCs, and Original Equipment Manufacturers (OEMs), and will drive further local content and value-added to the Kingdom. Project RFPs will be released on January 20, 2023.