Final shortlist emerges for Saudi cogeneration plant development

Four groups submitted bids for the Fadhili power and steam cogeneration plant in Saudi Arabia in November, and that shortlist has now been cut to two.

A joint venture of Saudi Aramco and Saudi Electricity Company (SEC) shortlisted Acwa Power Sepco 3 and Engie Doosan partnerships in the latest round. Meed reports it is expected that a preferred bidder will be selected by the middle of March.

The cogeneration project is scheduled to be developed on a 20-year power, water and steam purchase agreement (PWSPA), with Aramco the offtaker for the steam and water components and SEC the offtaker for the produced electricity.

The proposed IPP will have total power capacity of 1,200 MW-1,600 MW

No posts to display