Saudi Electric signs four contracts worth $613.2mn
Contracts cover various projects across the country.
Saudi Electricity Company (SEC) has signed four contracts worth over $613.2mn (SAR 2.3bn) for various electricity projects across the country.
The deals follow the announcement of 17 projects worth a total of (SAR 7bn) which the company awarded two weeks ago.
All of the projects are aimed at developing the country’s electricity system in order to provide a reliable service as demand continues to rise.
Chairman of the board of directors of the company Dr Saleh Hussein Al-Awaji, said one of the four new project awards is to set up an electricity transformer station with a voltage of 115/380 kilovolts (kV) in Al-Oqair in the Eastern Province. Awaji mentioned that the projects are to be set up for developing Al-Oqair Tourism. These two plants will enter service within 29 months from the date of signing the contracts.
Another project will see a transformer station built near Tabarjal in the Northern Frontier Region with a voltage of 33/132/380 kilovolts. It will have a capacity of 600 megawatts (MW) and will contribute to providing electricity to Wa’d Al-Shimal city for mining industries.
A third contract is for the construction of a double line with a voltage of 380kV so as to link the generating plants in Tabuk and Tabarjal. The aim is also to achieve ideal economic operation of the electricity system by exchanging electricity between the Kingdom’s regions. The project will be competed in 29 months.
The final project is for purchasing thermal exchanges for the setting up the 13th and 14th generating plants in Riyadh region. The project will be carried out within 32 to 38 months from the date of signing the contract.