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FINANCIAL NEWS
Saudi Electricity Company to launch 17 projects
16 Apr 2014
(MENAFN) Saudi Electricity Company plans 17 new projects across the kingdom to meet the growing demand on energy and electricity, according to Arab News.
The projects are estimated at as much as USD1.9300 billion, and will include new transformer stations in Waed Al-Shamal, Gurayat, Tabarjal, Al-Jouf and Arar at a cost of USD623 million.
Saudi Electricity Company’s board has approved two projects worth USD193.389 million. One of which is a 380KV transport line from Tabarjal to Al-Jouf, while the other will be from Al-Jouf to Arar.
A 380KV line will be established between Tabuk and Tabarjal at a cost of USD168.22 million.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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