The company developing the project will provide the entire generation capacity and output to SPPC under a Power Purchase Agreement (PPA) RIYADH: The Saudi Power Procurement Company (SPPC) is offering the Taiba Independent Production Plant power station project (IPP) for tender. SPPC invited Expressions of Interest in respect of the development of Taiba IPP, a combined cycle gas-fired power station with a net power capacity of 3,600MW, to be located near Al Madinah, in the Western Province of the Kingdom. SPPC will conduct a competitive process to select a developer or developer consortium to develop the Project on a build, own and operate basis, the statement said. The company developing the project will provide the entire generation capacity and output to SPPC under a Power Purchase Agreement (PPA). The term of the PPA is expected to be up to 25 years following Project commercial operations date. Interested parties should express their interest to participate in the tender process by no later than Nov. 23, 2021.