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
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