Saturday 18 April 2015
 
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SEC

SEC-GE joint venture to boost power plant ops

Saudi Electricity Company (SEC) and GE recently signed a Memorandum of Understanding (MoU) to set up a joint venture that will extend operations and maintenance (O&M) support to SEC’s power plants in the kingdom. GE will

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Europe firm wins Saudi order for power data control

Saudi Electricity Company (SEC) has selected a scalable, flexible and agile multiservice platform from European firm Newtec to enable connectivity to remote sub-stations in distribution network in the Kingdom. The platform will de

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Saudi Electricity to pay $149m in bonuses

Saudi Electricity Company will distribute SR545 million ($149 million) among Saudi employees following the new king's order for state-run institutions to pay bonuses, the Gulf's largest utility said on Monday. Last week, S

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Saudi Electricity to pay $149m in bonuses

Saudi Electricity Company will distribute SR545 million ($149 million) among Saudi employees following the new king's order for state-run institutions to pay bonuses, the Gulf's largest utility said on Monday. Last week, S

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GE to integrate solar tech to Saudi power plant

Saudi Electricity Company (SEC) has picked GE for a project that marks Saudi Arabia’s first integration of a solar field with a combined cycle plant and the first introduction of condensate as a gas turbine fuel. The landmar

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SEC signs deal for integrated gas/solar plant

State-owned utility Saudi Electricity Co (SEC) signed a contract worth SR1 billion ($267 million) to buy generators for the kingdom's first fossil fuel-fired power plant that will also produce solar energy.

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Saudi Electricity Q3 net profit drops 6.5pc

Saudi Electricity Co (SEC), the Gulf's largest utility firm, posted net profit of SR2.67 billion ($711 million) during the third quarter (Q3) of the year, compared to SR2.85 billion ($759 million) during the same period of 2013, marking a de

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Saudi Electricity signs $682m deals for Riyadh Metro

Saudi Electricity Company (SEC) has signed contracts worth SR2.56 billion ($682.5 million) to supply power to the Riyadh Metro, which is currently under construction, the kingdom's state news agency reported. The contracts cov

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BIBF-SEC in regulatory programme

The Bahrain Institute of Banking and Finance (BIBF) in association with the Securities and Exchange Commission (SEC), US, is organising a regulatory programme for capital market supervisors. The five-day programme will conclude to

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BIBF-SEC in regulatory programme

The Bahrain Institute of Banking and Finance (BIBF) in association with the Securities and Exchange Commission (SEC), US, is organising a regulatory programme for capital market supervisors. The five-day programme will conclude to

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