Project Summary | |
---|---|
Project Name: | Saudi Power Procurement Company's (SPPC) NREP - Round 5 |
Facility Type: | Solar Power Plant |
Client: | Saudi Power Procurement Company (SPPC) |
Budget (US $): | 7,700,000,000 |
Project Initiation: | Not Given |
Project Completion:: | Dec 10, 2028 |
Status: | EPC Awarded, |
Location: | Eastern Province, Hail, Madinah and Makkah Province |
Project Current Status |
---|
The EPC contract has been awarded to Shandong Electric Power Construction (Sepco) of China for the construction of a 300 MWac photovoltaic power project, Rabigh 2. The scope of the contract includes the construction of a 300 MWac photovoltaic power station, a supporting 33kV/110kV booster station and a 110kV overhead line. (January 2025) |
Project History |
---|
|
Project Contract Awards - Feed | ||
---|---|---|
Contractor Prequalified | Contractor Bids Submitted | Contractor Awarded | Contract Value |
|
|
|
Project Contract Awards - PMC | ||
---|---|---|
Contractor Prequalified | Contractor Bids Submitted | Contractor Awarded | Contract Value |
|
|
|
Project Contract Awards - EPC | ||
---|---|---|
Contractor Prequalified | Contractor Bids Submitted | Contractor Awarded | Contract Value |
|
|
|
Related Projects |
---|
Saudi Power Procurement Company's (SPPC) NREP - Round 4 |
Project Schedule |
---|
February 2024: Short listing of EPC April 2024: Invitation to Bid for EPC September 2024: Bid Submission for EPC of the 3700 MW IPPs December 2024: Development Contract Awarded for 2,000 MWac Al Sadawi IPP project December 2024: Development Contract Awarded for the 300 MW Rabigh 2 solar IPP December 2024: Development Contract Awarded for the 1,000 MW Al-Masaa solar IPP and the 400 MW Al-Henakiyah 2 solar IPP project January 2025: Contract Awarded for EPC of the 300 MWac Rabigh 2 PV Project Q4, 2028: Expected Start-up and Commissioning |
Project Scope |
---|
The project scope involves the development of five new renewable energy independent power producer (IPP) projects under the fifth round of Saudi Arabia’s National Renewable Energy Programme (NREP), which is led and supervised by the Ministry of Energy.
The combined capacity of Round 5 projects is approximately 3700 MW; the projects are as follows: 1. The 2000 MWac Al Sadawi Solar IPP to be located in the Eastern province, KSA. 2. The 1000 MWac Al Masa’a Solar IPP to be located in the Hail province, KSA. 3. The 400 MWac Al Henakiyah 2 Solar IPP to be located in Madinah province, KSA. 4. The 300 MWac Rabigh 2 Solar IPP to be located in the Makkah Province, KSA.
Each project will be developed on a build, own, and operate (BOO) basis by a project company, which will be 100% owned by the successful bidder. Furthermore, each project company will enter into a 25-year power purchase agreement with SPPC.
These projects are part of NREP, which aims to achieve the optimal energy mix, displacing liquid fuels in the Kingdom’s power sector and supply 50% of its electricity from renewable energy by 2030.
The Kingdom’s Ministry of Energy (MOE) is tasked with procuring 30% of this capacity through public tendering, while Saudi sovereign wealth vehicle the Public Investment Fund (PIF) will procure the rest under the kingdom’s Price Discovery Scheme. |
Project Structure: |
The project is owned, operated and managed by the Saudi Power Procurement Company (SPPC), a subsidiary of Saudi Electricity Company (SEC). SPPC is responsible for the pre-development, tendering, and subsequently offtaking the Energy from the projects. |
AmerAl Swaha | |
---|---|
Designation: | Head - Power Plant Program |
Department: | Saudi Electricity Company |
Phone: | +9661 461 9006 |
Fax: | +9661 461 9016 |
Email: | swaha.am@se.com.sa |
Ministry of Energy, Industry and Mineral ResourcesSaudi Arabia | |
---|---|
Address: | Ministry of Energy, Industry and Mineral Resources Postal Code: 11191 P.O.Box: 247 Riyadh, Saudi Arabia |
Phone: | +966114787777 |
Fax: | +966114769017 |
Email: | info@mopm.gov.sa |