Saudi Electricity agrees US$308mn worth of power deals


Saudi Electricity Co. (SECO) signed contracts valued at US$308mn with two local companies to develop power facilities in the kingdom.

The contracts are for building a transformer station in Qassim and two electricity lines, one linking Mecca and Taif and another one linking Tabuk with Dhaba, Asharq al-Awsat reported, citing Chief Executive Officer Ali Al Barrak.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W:

twn Are you sure that you want to switch to desktop version?