Saturday 10 October 2015

Power innovations focus for Riyadh meet

Riyadh, May 4, 2011

The latest technological advances in the field of electric power production, transport and distribution will be the highlight of a major symposium to be held on May 9 and 10 in Riyadh.

Organised by Ubifrance, the French agency for international business development, in partnership with the Gimelec (the Grouping of Industries in Electrical Equipment, Control/Command and Related Services), the event will feature put 16 leading French companies.

After a morning session devoted to presenting their know-how to the group of decision-makers, each company will take part in a session of B to B meetings.

Major Saudi firms such as Saudi electric Company, WEC, Marafiq, SWCC and private Saudi operators are expected to participate in the symposium, a statement said.

In order to meet electricity needs in Saudi Arabia, increasing at a rate of 7 to 8 per cent per annum, SEC has developed an $18 billion investment plan aiming at adding a capacity of 20,000 MW by 2018, in addition to projects planned by Independent Power Producers (IPP), the statement added. – TradeArabia News Service

Tags: power | Riyadh | symposium | UBIFRANCE | French companies |

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