SPPC - 3700MW Renewable Energy Program: Round 5
Saudi Power Procurement Company (SPPC) is planning to undertake the construction of four solar power plants with a combined capacity of 3700 MW under the fifth round of the renewable energy program in Saudi Arabia.
The US$7,700 million project includes the following:
1. Construction of 4 independent power plants
a. 2000MW Al Sadawi Solar IPP
b. 1000MW Al Masaa Solar IPP
c. 400MW Al-Hinakiyah 2 solar IPP
d. 300MW Rabigh 2 Solar IPP
2. Installation of solar panels
3. Installation of transformers
4. Laying of transmission lines
5. Construction of associated facilities
Second Section
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24 July 2024
300MW Rabigh II Solar IPP: The main contract bid submission has been further extended to August 12, 2024.
27 June 2024
Rabigh 2 solar, Al Henakiyah 2 solar, Al Masaa solar, and Al Sadawi solar :The following consortiums are expected to bid:JV of Abu Dhabi Future Energy, EDF Renewables and SPIC Huanghe Hydropower Development, JV of Marubeni Corporation and Partners, JV of Kahrabel/Engie and Partners, JV of Korea Electric Power Corporation and Partners, JV of Saudi Electricity Company and Jinko Power.
06 June 2024
Rabigh 2 solar, Al Henakiyah 2 solar, Al Masaa solar, and Al Sadawi solar : The main contract bid submission deadline has been extended from June 10, 2024 to July 22, 2024. (Source: MEED)
18 February 2024
Rabigh 2 solar, Al Henakiyah 2 solar, Al Masaa solar, and Al Sadawi solar : The main contract tender has been issued and the bid submission deadline is due on June 10, 2024. (Source: MEED)
12 February 2024
The following companies are the prequalified bidders: Abu Dhabi Future Energy company, Aljomaih Holding, Alfanar group, B. Grimm Public Power Company, BGL Energy, Electricite de France, FAS Energy, Itochu Corporation, Jinko Power, Kahrabel, Korea Electric Power Corporation, Marubeni Corporation, Nebras Power, Nesma Renewable Energy, Samsung C&T, SPIC Huanghe Hydropower Development, Sumitomo Corporation, Total Energies. The following companies are the prequalified developers: GEK Terna, Gulf Energy Development PLC, Jera, Power Construction Corporation, Saudi Electricity Company. (Source: MEED)
17 January 2024
The Request for Qualification has been submitted and the request for proposals (RFP) is expected to be issued by end of Q1 2024.
15 November 2023
The Request for qualification (RFQ) has been issued with the submission due on December 5, 2023.
10 October 2023
The main contract tender is expected to be issued in 2024. (Source: MEED)
26 July 2023
The project is still in the initial stage of development.
12 January 2023
The project is still in the initial stage of development.
17 May 2022
The project is still in the initial stage of development.
08 August 2021
The client has received bids from financial services firms for Transaction Advisory contracts.