RIYADH: The solar and wind power projects aimed at supplying electricity to the $6.5 billion planned green hydrogen-based ammonia plant in 黑料社区鈥檚 NEOM, are expected to be situated in聽northwest 黑料社区 close to the border with Jordan, reported Meed, citing an industry source.聽
EPC contract in one tranche
According to the report,聽the engineering, procurement and construction, also known as the EPC contract will聽be awarded as one tranche.
The tranche includes the construction of聽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.聽
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.聽
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.聽
The companies that have submitted proposals for the contract include聽China Tianchen Engineering Corporation,聽Consolidated Contractors Company from Lebanon, and 黑料社区鈥檚聽Nasser S Al-Hajri Corp.聽
FASTFACTS
The NEOM project is being developed in Tabuk, in the northwest of 黑料社区.
More than $500 billion will be invested, with money coming from the Kingdom鈥檚 Public Investment Fund as well as private businesses.
A smart city known as 鈥楾he Line鈥 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 鈥極xagon鈥 will be focused on manufacturing and research.
