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Bahra Cables wins $29m contract from SECBahra Cables has been awarded a new contract by Saudi Electricity Company (SEC) for SR110 million ($29.32 million) for the supply of low and medium voltage cables for to be used in SEC's projects in 2013. This is in addition t More… |
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Saudi Electric launches $2bn sukukSaudi Electricity Co (SEC), the Gulf's largest utility, has launched an offer of a $2 billion dual-tranche Islamic bond, or sukuk, with pricing due later on Tuesday, a document from lead managers said. More… |
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Nesma Electric wins $21m Kaust dealNesma Electric has secured a contract from Saudi Electricity Company to build a substation at the King Abdullah University of Science and Technology (Kaust) in Thuwal, Saudi Arabia. The Jeddah-b More… |
SEC signs $263m power dealsSaudi Electricity Company (SEC) has signed three contracts with national companies to support and strengthen the capacity of the electricity network in the Western Region including Makkah, Madinah and Jeddah More… |
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SEC signs $426m power line dealsSaudi Electricity Company (SEC) has signed five contracts for about 755 km of high-voltage 380 kV power transmission lines in various regions of the kingdom. The contracts, which come within the More… |
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CESI wins Saudi power project dealCESI Middle East, a market leader in power systems technical consulting and testing, has signed a contract with the Saudi Electricity Company (SEC) to develop detailed technical specifications for a High Voltage Direct Current More… |
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Saudi Electricity Q3 profit up 32pcSaudi Electricity Company posted a 32 percent rise in third-quarter net profit on Tuesday, beating analyst forecasts. The utility attributed the net income of 2.88 billion riyals ($768 million) More… |
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Hyundai, Mitsubishi win Jeddah power plant dealsSaudi Electricity Company has awarded contracts for South Korea's Hyundai and Japan's Mitsubishi to build and supply equipment for a large power plant in Jeddah, SEC said on Monday. Hyun More… |
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Hyundai Heavy lowest bidder for Saudi power plantSouth Korean group Hyundai Heavy Industries submitted the lowest bid to build a new oil-fired power plant in Jeddah for state-controlled Saudi Electricity Co, industry sources said on Tuesday. A More… |
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Saudi signs $186m power dealsState-owned Saudi Electricity Co is splashing out hundreds of millions of riyals to improve its power distribution network, after thousands of people suffered blackouts last month including some in two of the kingdom's biggest cities Jeddah More… |
