Alstom, a global power company, has announced the handover of a major 1.2 GW (gigawatts) steam power plant to the Saudi Electricity Company (SEC), following timely completion of the project’s…
Power News
SR 100 billion projects implemented by SEC
Saudi Electricity Company is currently implementing several projects at a total cost exceeding SR 100 billion within the framework of its efforts to meet the growing demand for electricity and…
Water and Sewage Projects Contracts Signed in Saudi Arabia
The minister of Water & Electricity Engineer Abdullah bin AbdulRahman Al-Hussain signed a number of contracts for the execution of water and sewerage projects in different regions of the Kingdom…
Saudi Acwa eyes $3bn Malaysia power assets
Saudi Arabia’s water and power project developer Acwa Power is “very keen” to buy power assets worth over $3 billion on sale by Malaysian tycoon Ananda Krishnan, the company’s chief…
Saudi power output to top 120 GW by 2030
[Restricted to Subscribers] Extensive industrial development across Saudi Arabia is set to boost the Kingdom’s total power production capacity to more than 120 gigawatts by 2030, said an expert ahead…
Schneider Electric clinches Jeddah contract
[Restricted to Subscribers] – Schneider Electric, a global specialist in energy management, said it has clinched a SR120 million ($32 million) contract to provide automated lighting controls system for the…
KSA tops in power demand
The Kingdom’s electricity demand is growing by eight percent annually, the highest rate in the world, said Dr. Muhammad Bin Ibrahim Al-Suwail, President of the King Abdul Aziz City for…
Power revenue stifled by low tariff in Saudi Arabia
Low electricity tariffs in Saudi Arabia are putting pressure on the sector’s revenue despite a surge in consumption because of a rapid population growth and high public investment, the Kingdom’s…
Power revenue stifled by low tariff in Saudi Arabia
Low electricity tariffs in Saudi Arabia are putting pressure on the sector’s revenue despite a surge in consumption because of a rapid population growth and high public investment, the Kingdom’s…
