SEC signs $263m power deals
Riyadh, March 7, 2013
Saudi Electricity Company (SEC) has signed three contracts with national companies to support and strengthen the capacity of the electricity network in the Western Region including Makkah, Madinah and Jeddah, a report said.
The total value of the contracts is SR986.7 million ($263 million), an SPA report quoted the company's CEO Ali bin Saleh Al-Barrak as saying.
More Energy, Oil & Gas Stories
- Total seals Oman deepwater drilling deal
- Egypt in gas price talks with foreign firms
- Exxon offers rare Saudi gasoil term contract
- 40 Chinese firms to exhibit at energy summit
- More refinery closures on the cards for 2014: IEA
- Libya’s eastern oil ports likely to reopen Sunday
- Saudi plans to double power generation
- Iran decades away from becoming gas export giant
- Pakistan, Iran to speed up gas pipeline project
- Opec cuts output closer to 2014 demand