SPPC awards 7.2GW power project contracts under Saudi Vision 2030
The Saudi Power Procurement Company (SPPC) has awarded contracts for the development of 7.2GW of power projects to consortiums led by Saudi Electricity Company and Abu Dhabi National Energy Company (Taqa). The projects, essential to Saudi Arabia’s strategic energy mix plan, align with Vision 2030 and the Saudi Green Initiative, which targets a 50% contribution each from renewable energy and gas in domestic electricity production. Contracts were awarded for the Rumah I and II and…