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Chinese entities are submitting bids within alliances to purchase the Saudi Energy Procurement Company

The Saudi Power Procurement Company, a state-owned energy company, announced that a total of 21 major global utility project developers will submit bids to develop four power plants across the Kingdom with a total capacity of 7,200 megawatts. Ajlan & Brothers Trading Company is competing for an alliance with China Power International Holding Company, while the Chinese Overseas Investment Company Jezuba is submitting offers with the Japanese Kansai Electric Power Company.