Saudi Electricity Company (SEC) announces signing of Power Purchase Agreements for 2 large scale CCGT power plants with a combined production capacity of 3,356 MW with Saudi Power Procurement Company – Principal Buyer.
The Power Plants are PP13 with production capacity of 1,678 MW and PP14 with production capacity of 1,678 MW. Both power plants are wholly owned by SEC and located in Riyadh city in the Kingdom of Saudi Arabia.
The value of the contract is SAR 12.83 billion.
The Agreement includes Ownership and operation of PP13 & PP14 CCGT Power Plants for the duration of 21 years.
