SEC Lines Up ACWA-Led Consortium For Rabigh-2 IPP
By David Knott
Saudi Electricity Company (SEC) announced on 12 January that it has appointed a consortium led by Riyadh-based ACWA Power International as the first ranked bidder for the Rabigh-2 independent power producer (IPP) project. While SEC’s nominal capacity for the plant was 1.7gw, the five submitted proposals – opened by SEC on 22 October 2012 – ranged from 1.79gw...