Azito Power Plant: A Powerful Power Station in Ivory Coast
Luc Ayé, Managing Director of Azito Energie, talks about the different stages of the power station project.
Saudi Arabia EconomySaudi Arabia InfrastructureSaudi Arabia InterviewsSaudi Arabia Oil and GasSaudi Arabia Utilities
Ensuring Responsible Power Generation and Water Security in Saudi Arabia
Paddy Padmanathan, President and CEO of ACWA Power
The tariff difference between our tender and the next bidder across the board seems to be in the order of about an average of 20%. In practice it means: on one transaction buying 4,000 megawatts for 20 years on a 20-year fixed-price contract in this instance at 24% tariff difference between our tender and the next bidder. That is about $1.2 billion. In effect, that is $1.2 billion of saving to the national economy of Saudi Arabia.