The Taiba 1 Independent Power Plant is 1,800MW gas fired power project. It is planned in Al Madinah, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the financed stage. It will be developed in a single phase. Post completion of the construction, the project is expected to get commissioned in 2027. Buy the profile here.
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Description
The project is being developed by Sidra One Electricity. Acwa Power, Saudi Electricity and Others are currently owning the project having ownership stake of 40%, 40% and 20% respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
Development status
Post completion of the construction, the project is expected to get commissioned in 2027.
Power purchase agreement
The power generated from the project will be sold to Saudi Power Procurement under a power purchase agreement for a period of 25 years.
Contractors involved
SEPCOIII Electric Power Construction is expected to render engineering procurement construction services for the gas fired power project.
The Gas fired project will be supplied by Doosan Enerbility and GE Vernova.
GE Vernova and The First National Operation & Maintenance are expected to be contracted for rendering of operations & maintenance services for the project.
For more details on Taiba 1 Independent Power Plant, buy the profile here.
About Sidra One Electricity
Sidra One Electricity Co specifically focusing on power generation using fossil fuels. It specializes in the generation of electricity through the combustion of coal, oil, or natural gas. The company is headquartered in Saudi Arabia.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
