The Qassim IPP is 3,600MW gas fired power project. It is planned in Al-Qassim, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in multiple phases. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2027. Buy the profile here.
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Description
The project is being developed and currently owned by Saudi Power Procurement. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2027.
For more details on Qassim IPP, buy the profile here.
About Saudi Power Procurement
Saudi Power Procurement Co (SPPC) is an energy procurement company that facilitates the legal separation of generation and transmission. The company offers counterparty services to existing power generation, cross-border trading, balancing funds and maintaining working capital requirements and power scheduling services to energy generators and power distributors. It also enters into power purchase agreements and on-sale agreements for the sale of electricity produced to retail licensees and large consumers in Saudi Arabia. The company also provides procure system services from generation licensees, receive payment from the transmission licensee for system services and facilitates the development of a market for trading electricity system services. SPPC is headquartered in Riyadh, Saudi Arabia.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
