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SEC awards $480m power contracts

Contracts aimed at boosting Kingdom's power efficiency

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The latest SEC contracts are aimed at boosting the Kingdom's network efficiency. (GETTY IMAGES)
The latest SEC contracts are aimed at boosting the Kingdom's network efficiency. (GETTY IMAGES)

Saudi Electricity Company (SEC) has reportedly agreed five contracts valued at a combined US $480 million, for the construction of substations and power transfer networks across the Kingdom. According to Arab News, the projects will be implemented across a 29-month period.

Two of the contracts relate to sub-station projects in Amlaj and Makkah, respectively scheduled to take 29 months, and 27 months. One deal covers a substation in Laith, whilst another relates to the connection of the Qurayyah IPP.

CEO of SEC Ali bin Salih Al-Barrak said that the contracts are aimed at meeting growing demand for electricity across the network – growing at around nine percent per year – and would reduce power black-outs during peak demand periods.

Al-Barrak is also reported to have said that SEC is continuing to implement plans to connect all parts of the country to the main electricity grid.
 

 

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