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Results for

saudi electricity

17 Results
  • Saudi Electricity Company ‘largely unaffected’ by attacks on Aramco: S&P

    Saudi Electricity Company ‘largely unaffected’ by attacks on Aramco: S&P

    Saudi Electricity Company (SEC), the Gulf’s largest utility, was largely unaffected by the strike on Saudi Aramco’s oil facilities on ...
    Energy
  • Hajj sites of Mina register new record of high electric load during Eid

    Hajj sites of Mina register new record of high electric load during Eid

    On the first day of Eid al-Adha, the sites of Mina registered a new record of high electric load of 284 megawatts, compared with 256 megawatts last ...
    Energy
  • 1,500 people run electricity supply organization in Mecca and holy sites

    1,500 people run electricity supply organization in Mecca and holy sites

    The Saudi Electricity Company announced the completion of the electrical system for the Hajj this year, 1439 AH, at Mecca and the holy sites, which is ...
    Gulf
  • Saudi Electricity signs deal with Japanese firms for first EV pilot

    Saudi Electricity signs deal with Japanese firms for first EV pilot

    State-controlled Saudi Electricity has signed a deal with Japanese Tokyo Electric Power, Nissan Motor Co and Takaoka Toko for the first electric ...
    Technology
  • Saudi Electricity Company ranks 14th largest power company globally

    Saudi Electricity Company ranks 14th largest power company globally

    The Saudi Electricity Company has ranked 14th among the electricity companies in the world after it topped the list of electric power companies in the ...
    Energy
  • $25 bln in SoftBank investments planned for Saudi Arabia projects

    $25 bln in SoftBank investments planned for Saudi Arabia projects

    SoftBank plans to invest as much as $25 billion in Saudi Arabia over the next three to four years, reported Bloomberg on Wednesday. The Japanese ...
    Technology
  • Saudi Arabia sees progress in electricity privatization

    Saudi Arabia sees progress in electricity privatization

    Saudi Arabia’s deputy electricity minister said on Wednesday he hoped for progress next year in privatizing the power sector including the ...
    Energy
  • Saudi Electricity swings to Q1 profit after municipality fee exemption

    Saudi Electricity swings to Q1 profit after municipality fee exemption

    Saudi Electricity Co (SEC) swung to a first-quarter profit on Wednesday after a royal decree exempted the Gulf’s largest utility firm from ...
    Economy
  • Saudi Electricity in talks with banks for dollar sukuk issue - sources

    Saudi Electricity in talks with banks for dollar sukuk issue - sources

    State-controlled utility Saudi Electricity Co is in talks with regional and international banks about issuing a US dollar-denominated sukuk, banking ...
    Economy
  • Saudi Electricity awards France's Engie $1.2 bln power station contract

    Saudi Electricity awards France's Engie $1.2 bln power station contract

    Fadhili plant will be operational by December 2019 and financing will be raised through partners, other external sources
    Energy
  • Saudi Electricity Co plans to privatize assets by year end

    Saudi Electricity Co plans to privatize assets by year end

    Saudi Electricity Co plans to privatize its assets by the end of the year, its chairman said on Wednesday
    Energy
  • Saudi power projects will need $133 bln investment over 10 years

    Saudi power projects will need $133 bln investment over 10 years

    Minister Abdullah al-Hussayen told an industry conference the country expects peak electricity to hit 90,000 megawatts in 2022
    Energy
  • Saudi Electricity, other big firms to pay bonuses after king’s order

    Saudi Electricity, other big firms to pay bonuses after king’s order

    Last week, Saudi Arabia’s King Salman ordered the payment of two months of bonus salary to all state employees
    Economy
  • Saudi Electricity says Riyadh capacity to be online by 2017

    Saudi Electricity says Riyadh capacity to be online by 2017

    The company's total available generating capacity nationally was 61,625 MW at the end of June this year
    Energy
  • Saudi Electricity Co. raises 4.5bn riyals from sukuk sale

    Saudi Electricity Co. raises 4.5bn riyals from sukuk sale

    SEC said at the beginning of January that it had chosen banks to arrange the riyal-denominated transaction
    Energy
  • GE signs nearly $700m turbine supply deal with Saudi Arabia

    GE signs nearly $700m turbine supply deal with Saudi Arabia

    General Electric currently has more than 500 generators in Saudi Arabia
    Energy
  • Saudi Electricity to replace CEO with Aramco executive

    Saudi Electricity to replace CEO with Aramco executive

    Saudi Electricity Co, the Gulf’s largest utility firm, will replace its long-serving chief executive with a manager from state-owned oil giant ...
    Energy
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