SEC signs new power deals worth $263m
National companies set to work on Saudi grid upgrades
Saudi Electricity Company (SEC) has reported the signing of three contracts, valued at a combined US $263 million, with national companies in Saudi Arabia to upgrade and strengthen the capacity of the electricity grid across the Western Region.
The CEO of SEC, Ali Al-Barak, has said that the contracts cover transmission lines and underground cabling.
The Saudi Gazette reports that the contracts include the setting up of 380kV transmission lines to link up with Madinah’s Al-Salam transformer, in addition to establishing cables in Makkah with a 380kV capacity. Jeddah will also receive new 380kV underground cables, under a contract scheduled to take 29 months.
SEC has been in the news a good deal recently, with a number of major power deals signed with international firms. Siemens reported the signing of a $108 million deal for a new substation in Jeddah – supporting rapid local growth in power demand – whilst Alstom Grid also agreed contracts worth a combined $116 million for work in Madinah.