SEC is one of the region’s biggest utility companies, the main producer of electricity, and the sole owner of transmission and distribution networks throughout Saudi Arabia ... In February 2024, the ...

T he Saudi Electricity Company (SEC) has received approval for a new regulated weighted average cost of capital (WACC) of 6.65% for the regulatory period 2024-2026. This marks an increase from the ...

Final settlement of dues worth SR5.7bn to Saudi Aramco and higher finance and operating costs led to a decline in net profit Register for MEED’s 14-day trial access The net profit of state utility ...

Saudi Electricity loses SAR 1.9B after Mudaraba in 2024, SAR 7.5B in Q4 on non-recurring expenses 12 M 2024 Saudi Electricity earns SAR 5.6B after Mudaraba in 9M 2024; Q3 at SAR 4.7B 9 M 2024 SEC ...

The Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from ...

GE Vernova, Inc. (NYSE: GEV) and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova’s Saudi ...

Saudi Electricity Company (SEC) has announced that it has received bids from leading utility majors for the construction of two 380kV substations at Afif city in central Saudi Arabia in the Najd ...

BYD Energy Storage has officially signed contracts with Saudi Electricity Company (SEC) to deliver 12.5 GWh in five BESS projects, marking the world’s largest grid-scale storage deployment to date.

Saudi Electricity Company (SEC) has invited bids from leading utility developer/developer consortium for the setting up of 380kV substations as well as overhead transmission lines in major areas ...

in collaboration with the Saudi Electricity Company (SEC). The project is being implemented under an agreement between the two entities, ensuring the highest engineering standards through ...

and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova’s Saudi engineers and specialists. This project ...