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TAQA to develop two new power plants in Saudi Arabia

Summary by Emirates24|7
Abu Dhabi National Energy Company (TAQA) together with JERA Co., Inc, Japan's largest power generation company and Al Bawani Capital, a subsidiary of AlBawani Holding, announced that they have entered into two 25-year power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) on a build, own and operate basis, to develop two new greenfield combined cycle gas turbine (CCGT) power projects with a total power generation capacity o…
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