Saudi Power Procurement Company (SPPC) has invited companies to bid for the transaction advisory contracts for two gas-fired independent power projects (IPPs), according to Dubai-based project intelligence news portal MEED.

The Al-Rais IPP will have a capacity of 2,400 megawatts (MW) while the Riyadh 16 IPP has a planned capacity of 3,600MW, the report said.

(Editing by Anoop Menon) (anoop.menon@lseg.com)

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