Saudi Electricity Company (SEC) announced the signing of power purchase agreements valued at SAR 12.8 billion (approximately $3.4 billion) for two major Combined Cycle Gas Turbine (CCGT) power plants in Riyadh. These plants, wholly owned by SEC, are named PP13 and PP14, each with a production capacity of 1,678 megawatts (MW), combining for a total capacity of 3,356 MW. Contract Terms and Timeline The agreements cover ownership and operation of these plants for a 21-year term under a contract with
Saudi Electricity Company Signs $3.4B Deals for Riyadh CCGT Power Plants
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