SEC Invites EOI For Duba 1 Solar Plant
News: Saudi Electricity Company (SEC) has invited expressions of interest (EOI) for the development of the Duba 1 Independent Power Plant (IPP) project in the Tabouk region in Saudi Arabia. The company will select a developer or developer consortium to build, own and operate the integrated solar combined cycle IPP. Interested parties are required to submit an EOI by January 12 2013, following which SEC is scheduled to issue a request for pre-qualifications on January 15 2014. Successful bidder will sign a power purchase agreement with SEC, wherein SEC will purchase the output generated from the 550MW facility and provide the land and fossil fuels to allocate the power plant.