Power Generation

Saudi signs nuclear agreement with South Korea

Saudi has signed a bilateral agreement with South Korea to enhance atomic energy cooperation.

Saudi Arabia has signed a bilateral agreement with South Korea to enhance cooperation between the two countries in the development and use of atomic energy for peaceful purposes.

New Iraq power plant to be built by Alstom

Alstom has been awarded an electrical power-plant contract in Iraq worth US$550mn.

Capacity boost at Omani switchgear plant

Production capacity at the switchgear plant of Voltamp Energy has been significantly enhanced with the addition of a new manufacturing bay and offices adjacent to its already existing building at Rusayl at a cost of US$1.2mn

Saudi Electricity Q3 results hit

Saudi Electricity Co (SEC) reported a 6 per cent decline in its net profit in the third quarter due to higher costs of purchased energy and increased depreciation expenses.

SEC signs US$1.4 billion Riyadh plant power deal

SEC is working on am ambitious US$80 billion investment programme to increase its power generation capacity by 30,000 MW by 2018. - Image : Arabian Bemco Contracting Co Ltd

Saudi Electricity Company (SEC) and an unnamed Saudi company have signed a US$1.44 billion contract to develop 1,200 MW of power generation capacity at a plant in Riyadh.