RIYADH: The solar and wind power projects aimed at supplying electricity to the $6.5 billion planned green hydrogen-based ammonia plant in Saudi Arabia’s NEOM, are expected to be situated in northwest Saudi Arabia close to the border with Jordan, reported Meed, citing an industry source.
EPC contract in one tranche
According to the report, the engineering, procurement and construction, also known as the EPC contract will be awarded as one tranche.
The tranche includes the construction of solar and wind power plants with a combined capacity of 4,000MW, a power transmission network extending 190 km, and a battery energy storage system.
The report said four firms including Energy China, Power China Huadong, Sepco 3, and Larsen and Toubro India are vying for the contract which could be awarded by the end of this month.
Hydrogen and ammonia plant
According to the report, the developer consortium is evaluating bids to award the contract worth $600 million for the construction of a green hydrogen and ammonia plant.
The companies that have submitted proposals for the contract include China Tianchen Engineering Corporation, Consolidated Contractors Company from Lebanon, and Saudi Arabia’s Nasser S Al-Hajri Corp.
FASTFACTS
The NEOM project is being developed in Tabuk, in the northwest of Saudi Arabia.
More than $500 billion will be invested, with money coming from the Kingdom’s Public Investment Fund as well as private businesses.
A smart city known as ‘The Line’ will be part of the project, and will have no carbon emissions, as well as no streets and cars.
A floating industrial city known as ‘Oxagon’ will be focused on manufacturing and research.
