News

AMMAN — Jordan and Saudi Arabia on Tuesday discussed means to proceed with the electricity interconnection project, as part of efforts to enhance cooperation in the energy sector. The meeting, hosted ...
Orascom Construction and Técnicas Reunidas signed the EPC contract with Hajr Two Electricity Company, a consortium comprised of ACWA Power, Saudi Electricity Company, and Haji Abdullah Alireza ...
GE Vernova, Inc. (NYSE: GEV) and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova’s Saudi ...
Final settlement of dues worth SR5.7bn to Saudi Aramco and higher finance and operating costs led to a decline in net profit Register for MEED’s 14-day trial access The net profit of state utility ...
The Saudi Electricity Company (SEC) has announced its financial results for 2024, reporting total operating revenues of SR88.7bn ($23.6bn), marking an 18 per cent increase from SR75.3bn ($20.1bn) in ...
on the go in Saudi Arabia is poised to become easier, thanks to a landmark partnership announced this week. The Electric Vehicle Infrastructure Company (EVIQ) — a joint venture between the ...
to be operated by Saudi Electricity Company. Additional cabling contracts announced for both substations valued at SAR 484 million ($129 million) and operated by Saudi Electricity Company.
RIYADH, Saudi Arabia, December 10, 2024--(BUSINESS WIRE)--Saudi Electricity Company signed today several Memorandums of Understanding (MoUs) and cooperation agreements with various government ...
The company also projected capital expenditures of $9.3 billion (Dh34 billion) to $10.6 billion (Dh38.9 billion) for 2024. As of Q2 2024, Saudi Electricity holds a 66 per cent market share and ...
Fuad Mosa, Deputy Minister of Localisation, Local Content, and Risk Management as part of a strategic partnership with Saudi Electricity Company (SEC). The event was attended by Mohammed Aba Hussain, ...
By increasing local production capabilities, Lucy Electric is helping reduce the need for imports and contributing to the economic diversification in Saudi Arabia. The company’s focus on ...