RIYADH: A consortium, led by ACWA Power (a 100 percent Saudi-owned company), recently issued notice to proceed with the construction of the largest independent power generation project in the world, Qurayyah Independent Power Project (IPP).

The project, to be developed on a BOO (build, own, operate) basis, will be located at Qurayyah, on the eastern coast of Saudi Arabia adjacent to existing SEC facilities.