Four teams are understood to be preparing to bid for the contracts to develop and deliver gas-fired independent power projects (IPP) with a total combined capacity of 7,200MW in Saudi Arabia. The state power offtaker Saudi Power Procurement Company (SPPC) expects to receive bids within two weeks. The previous bid deadline was 20 June, which was extended to July. At least four consortiums that comprise the following companies are understood to be planning to bid for the contracts: Acwa Power (local) / Saudi Electricity Company (local) Taqa (UAE) / Jera (Japan) Nebras (Qatar) / Marafiq (local) / Kepco (South Korea) AlJomaih (local) / EDF (France) / Sojitz (Japan) The gas-fired IPP schemes are: Taiba 1 and Taiba 2 Qassim 1 and Qassim 2 The offtaker qualified over 20 companies to bid for the contracts. Packaged initially as two individual IPPs, each with a capacity of 3,600MW, the two projects have been split into four smaller schemes, with each tranche having a capacity of 1,800MW. Decarbonisation options Most qualified developers and investors are considering their response to the retendered contracts to develop the projects. The decarbonisation option in the request for proposals (RFP) issued in January is weak. (ICE RIYADH)

Fonte notizia: Meed