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FINANCIAL NEWS
SEC has USD26.6 b projects in the Kingdom
07 Aug 2013
(MENAFN) CEO of Saudi Electricity Company (SEC), Ali Al-Barrak, said that the company is going through with electric projects in Kingdom at a cost of USD 26.6 billion.
The CEO said that the projects “will be implemented in many phases, and they will be completed within 3 years.”
SEC Chairman Hassan Al-Awaji said that the company signed a deal with Hyundai Heavy Industries (HHI) to construct a power plant in the country, which will add 2,640 megawatts. A move that come as a part of the country’s attempts to meet the rising demand.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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