Wednesday 10 February 2016
 
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SEC

Saudi Electricity orders 6 more GE gas turbines

Saudi Electricity Company (SEC) has ordered six more of GE’s trailer-mounted, fast-starting TM2500+ mobile aeroderivative gas turbine packages for existing power plant locations in Jizan and Tabuk. With ‘black-start&rs

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Saudi Electricity orders 6 more GE gas turbines

Saudi Electricity Company (SEC) has ordered six more of GE’s trailer-mounted, fast-starting TM2500+ mobile aeroderivative gas turbine packages for existing power plant locations in Jizan and Tabuk. With ‘black-start&rs

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SEC sees little bottom line impact from price hike

Saudi Electricity Co (SEC) expects the effects of fuel and electricity price hikes announced in the 2016 government budget to roughly balance out, with little overall impact on its bottom line, the company said in a bourse statement on Tuesday.

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SEC signs $3bn loan with Korean Exim bank

Saudi Electricity Company (SEC) has activated an MoU that was signed with the Export-Import Bank of Korea (K-Exim) in Seoul, by signing of the framework agreement with the bank’s credit ceiling of up to $3 billion. With this

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Saudi Electricity awards $667m deal for green power plant

Saudi Electricity Company (SEC), the Gulf's largest utility, has contracted two companies for SR2.5 billion  ($667 million) to build and operate the Green Duba power plant, state news agency SPA said. Spanish solar firm I

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Saudi Electricity awards $667m deal for green power plant

Saudi Electricity Company (SEC), the Gulf's largest utility, has contracted two companies for SR2.5 billion  ($667 million) to build and operate the Green Duba power plant, state news agency SPA said. Spanish solar firm I

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SEC signs $1bn power deal for housing projects

Saudi Electricity Company (SEC) has signed a SR4-billion ($1.07 billion) contract to deliver electrical services for housing projects, the utility firm said on Sunday. The contract, signed between the firm and the Ministry of Wate

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SEC signs $1bn power deal for housing projects

Saudi Electricity Company (SEC) has signed a SR4-billion ($1.07 billion) contract to deliver electrical services for housing projects, the utility firm said on Sunday. The contract, signed between the firm and the Ministry of Wate

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Bidders line up to build Saudi's Fadhili power plant

Several international and Gulf engineering firms are lining up for the contract to build a power station at Fadhili which will feed Saudi Aramco's new gas plant, industry sources said.   The independent power

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Bidders line up to build Saudi's Fadhili power plant

Several international and Gulf engineering firms are lining up for the contract to build a power station at Fadhili which will feed Saudi Aramco's new gas plant, industry sources said.   The independent power

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