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Saudi Power Procurement Company (SPPC), the principal off-taker for power projects in Saudi Arabia, announced on Tuesday that it has signed a power purchase agreement (PPA) with Saudi Electricity Company (SEC) for Rabigh Power Plant expansion project.
The state-owned company announced on its X (formerly Twitter) account that the project will add Combined Cycle Gas Turbine (CCGT) units with a total capacity of 1,200 megawatts (MW) to the existing plant.
(Writing by Senthil Palanisamy; Editing by Anoop Menon)
(anoop.menon@lseg.com)
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