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06-Jun-2016

Saudi Electricity invites bids for renewable energy projects in Al-Jouf and Rafha

Saudi Electricity Company (SEC) [5110.SE] has invited companies to submit expressions of interest (EoI) regarding the 50MW renewable energy projects in Al-Jouf and Rafha. SEC, which appointed three advisors for its solar energy projects. It has set 20 June as the deadline for receiving EoIs and targets to issue pre-qualification requests' documents by 14 July 2016. Developers for the projects, which will be selected based on a competitive process conducted by SEC and they will sell their entire output to SEC under a long term power purchase agreement. (Argaam, Saudi Electricity Company)

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