Saudi Arabia’s Renewable Energy Project Development Office (Repdo) has received two bids for the Category A projects in round two of the kingdom’s National Renewable Energy Programme (NREP).
The bidders are Alfanar (local) / Al-Blagha (local) and First Solar (US).
Category A includes two solar photovoltaic (PV) power projects. The first planned project is located in Medina with a capacity of 50MW, and the other is a 20MW plant in Rafha.
Bids for the larger schemes in round two, classified as Category B, were submitted on 20 January.
The four teams that submitted bids for the four Category B solar PV projects include Marubeni (Japan) / Al-Jomaih (local), Total (France) / Al-Gihaz (local), Masdar (UAE) / EDF (France) / Nesma (local) and Acwa Power (local) / GIC (Kuwait).
The four solar PV projects have a combined electricity generation capacity of 1.4GW.
MEED understands that no single bidder will be awarded more than two of the projects.
Repdo’s second-round advisers are Japan’s Sumitomo Mitsui Banking Corporation (SMBC) as lead and financial adviser, the UK’s DLA Piper as legal adviser and Germany’s Fichtner as a technical adviser.
This article is published by MEED, the world’s leading source of business intelligence about the Middle East. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s Middle East business intelligence, subscribe here
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.