Saudi Arabia Expands Qurayyah Power Plant with $13.35 Billion Investment, Boosting Capacity by 3,010 MW
February 22, 2025
This expansion project represents a substantial investment, totaling approximately SAR13.35 billion.
The Saudi Power Procurement Company has finalized a Power Purchase Agreement for the expansion of the Qurayyah Independent Power Plant, which will significantly increase its capacity by 3,010 MW.
Overseen by the Ministry of Energy, the project includes provisions for future carbon capture technology, emphasizing a commitment to sustainability.
This expansion aligns with Saudi Vision 2030, focusing on enhancing electricity generation efficiency and reducing operational costs.
The consortium leading this ambitious project includes ACWA Power, the Saudi Electricity Company, and Haji Abdullah Alireza & Co. Ltd.
The initiative supports the optimization of the energy mix in Saudi Arabia, aiming to phase out liquid fuels in the power sector.
Summary based on 1 source
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SolarQuarter • Feb 21, 2025
Saudi Arabia Expands Qurayyah Power Plant with 3,010 MW Capacity Boost