Saudi Power Procurement Company (SPPC) is Saudi Arabia’s central electricity offtaker and single buyer. It procures power from independent power producers through long-term contracts, acting as the counterparty to power purchase agreements for utility-scale generation across conventional and renewable sources.
SPPC leads competitive tenders to secure new generation capacity, supports electricity market reforms, and facilitates integration of renewables aligned with national energy policy. By aggregating demand and contracting with producers, it helps ensure reliable, cost-efficient power supply to the grid and to industrial sectors critical to the Saudi economy.