SEC invites bids for Riyadh power plant
First phase of 2,000 MW project to start in 2012
In effort to meet the increasing demand for power in the Kingdom, Saudi Electricity Company (SEC) has invited bids for a 2,000 MW power plant project in Riyadh.
The bidding period closes in December and a decision is expected by March next year, according to Amr Asahawa, head of projects for independent power projects (IPP), who was speaking to Reuters.
The first phase of the combined cycle plant project will begin operation by 2012.
The GCC’s largest utility outfit has been making strenuous efforts recently to match available power with constantly rising demand.
This process will be helped when Saudi Arabia, Kuwait, Qatar and Bahrain all connect their power grids by the end of July.
SEC has recently signed deals with: ABB, to increase the capacity and efficiency of the power grid; a consortium led by Korea Electric Power Corporate, to build a 1,200 MW plant in Rabigh; and Aggreko, to bring 100MW extra to the grid during the crucial summer months.
All these plans form part of an overarching initiative to add 13,000MW to the network over the next three years.