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Saudi electricity

riyadh power plant

Saudi electricity signs $1.3 billion deal for Riyadh plant

Saudi Electricity Co (SEC) signed a contract worth 4.7 billion riyals ($1.25 billion) on Wednesday to build a power plant outside the capital Riyadh, the company said.

May 17, 2012 12:24

Saudi Electricity to build $1.23B Shoaiba plant

State-controlled Saudi Electricity said on Saturday it signed a deal to build a new 4.6 billion Saudi-riyal ($1.23 billion) power plant in Shoaiba, some 120 km (75 miles) south of the Red Sea city of Jeddah.

October 30, 2011 3:07

Saudi govt loan to cover 70 pct of SEC projects

Loan to serve projects in the next 5 to 6 years; SEC adding around 13,000 MW from 2012-2016

June 14, 2011 4:06

Saudi Electricity Gets $500 Mln Tokyo-Mitsubishi Loan

Loan to finance some of the company's capital projects

March 12, 2011 6:25

Saudi Electricity in $204 mln power project deals

SEC plans to invest $80 billion to boost capacity to at least 70,000 megawatts by 2020.

February 14, 2011 9:21

Saudi Electricity to add 12,752 MW of power by 2016

SEC plans to invest $80 billion to boost capacity to at least 70,000 megawatts by 2020 from an installed capacity of 50,000 megawatts now.

December 27, 2010 4:48

Saudi Electricity eyes more private participation

SEC may opt for more IPPs for big industrial customers.

December 22, 2010 10:06

Saudi Electricity approves $3.92 bln worth projects

Award includes expansion of Rabigh power plant.

August 23, 2010 10:40

Saudi Electricity to use gas for 1,800 MW plant

Saudi Arabia aims to increase gas production.

August 16, 2010 10:52

Egypt-Saudi power grid link to cost $1.5 bln

The project aims to exchange 3,000 megawatts of electricity between the two countries.

July 21, 2010 3:12