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ACWA Power Starts Teba 1 Gas Plant
ACWA Power announced the commercial start-up of the Taiba 1 gas station in Madinah, which produces 1,272 MW out of its total planned capacity of 1,934 MW. This achievement follows the company receiving the operational certificate from SEDRA Al-Oula for Electricity, marking an important milestone in the project's implementation. The project relies on combined cycle technology to improve efficiency and reduce carbon emissions. The financial impact of the first phase is expected to appear in the company's financial statements starting from Q4 2026, further strengthening its production capabilities in the Kingdom's energy sector.
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