Tuesday 13 November 2018
 
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SEC

Musk to resign as Tesla chairman in deal with SEC

Tesla CEO Elon Musk resigned yesterday as the chairman of the company after the US Securities and Exchange Commission slapped him with a hefty fine of $20 million over his aborted bid to take the company private.  

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SEC links 7 new transformers to main power grid

The Saudi Electricity Company (SEC) has started up seven power transformer stations in the northern area with a total value of SR2.1 billion ($560 million) and capacity of 3613 MVA to connect the north with the main power grid. Th

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SEC links 7 new transformers to main power grid

The Saudi Electricity Company (SEC) has started up seven power transformer stations in the northern area with a total value of SR2.1 billion ($560 million) and capacity of 3613 MVA to connect the north with the main power grid. Th

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SEC, GE stress on long-standing partnership

Saudi Electricity Company (SEC) and GE, in a statement, have stressed on the importance of their long-standing partnership for both the companies.   For almost 40 years, SEC and GE have partnered to advance the k

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SEC starts Al Julla power station

Saudi Electricity Company (SEC) has started operating the 33/132/380 kV Al Julla power station, built at a cost of  SR590 million ($157.34 million).    The plant will serve a number of cities and villag

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SEC starts Al Julla power station

Saudi Electricity Company (SEC) has started operating the 33/132/380 kV Al Julla power station, built at a cost of  SR590 million ($157.34 million).    The plant will serve a number of cities and villag

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Kingdom seals Saudi Electricity Company agreement

Kingdom Holding Company (KHC) has signed an electrical power agreement worth SR180 million ($48 million) with Saudi Electric Company (SEC), on behalf of the JEC partners (which includes Kingdom Holding Company). The agreement was

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Kingdom seals Saudi Electricity Company agreement

Kingdom Holding Company (KHC) has signed an electrical power agreement worth SR180 million ($48 million) with Saudi Electric Company (SEC), on behalf of the JEC partners (which includes Kingdom Holding Company). The agreement was

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SEC goes digital with power bill distribution

The Saudi Electricity Company (SEC) said it has already suspended the distribution of the paper bills to the subscribers' homes. Any subscriber can know the value and details of the electricity consumption bill by checking SEC

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SEC probes GE charge behind $10bn: report

General Electric (GE) has disclosed that US securities regulators had begun probing a multibillion-dollar insurance charge it announced last week, a write-off that produced a $10-billion loss in the latest quarter, a

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