According to Al Swaha, the strategy aims to attract foreign investments, in addition to supporting empowerment and more participation of women in the ICT sector.

Al Swaha said that demand was expected to reach 120,000 MW by 2030.

"250 kW is operational and the other half will start this month," Swaha said.

-Additional reporting by Swaha Pattanaik and Sudip Kar-Gupta in London

'We have completed the pre-qualification process of 14 bidders and have issued the request for proposals,' Swaha told the press media.

"We managed to get the gas, therefore we changed," Swaha told Reuters by telephone.

Among those attending will include head of the independent power production programme at the Saudi Electric Company Dr Amer Al Swaha, who will be covering Saudi Arabia's power sector.

Abdullah bin Amer Al Swaha, the President of General Authority of Civil Aviation Abdul Hakim bin Mohammed Al Tamimi, and the President of Saudi Post Eng.

The plant is estimated to cost between$ 2 billion to $ 2.5 billion and if using fueloil, had been expected to be brought online in two phases in 2014 and 2015, al- Swaha said.

Swaha said in October the plant would cost between $2 billion and $2.5 billion.