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Saudi Electricity Company
Main Category: Electric Power Generation and TransmissionCity : Riyadh
Country : Saudi Arabia
Email: webmaster@se.com.sa
Website: www.se.com.sa
ALL STORIES LIST
Pressure seen easing on struggling Saudi power grid
Sunday, 8 November 2009
Sunday, 8 November 2009
New report says demand 'held in check' by drop in industrial activity during H2.
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Saudi signs $1.8bn deal to expand Qurayat power plant
Wednesday, 21 October 2009
Wednesday, 21 October 2009
Project to become operational before June 2014, will boost production at Gulf's largest utility.
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Gulf Arab states link up to foil power crunch
Thursday, 23 July 2009
Thursday, 23 July 2009
Gulf countries have taken a step towards ensuring that the electricity needs of their affluent societies are secured.
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Saudi's Alinma Bank examining further project funding
Saturday, 11 July 2009
Saturday, 11 July 2009
CEO says bank looking at King Abdullah Financial Center in Riyadh among others.
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Saudi Electricity seeks bidders for Riyadh project
Saturday, 11 July 2009
Saturday, 11 July 2009
Power plant project is expected to start first phase of operation by 2012.
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Powering Saudi
Saturday, 11 July 2009
Saturday, 11 July 2009
In this week’s issue we take a closer look at Saudi Arabia’s many power and water projects, which are either under construction or are to be announced over the next few years.
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Top 10 power and water projects in Saudi Arabia
Saturday, 11 July 2009
Saturday, 11 July 2009
Saudi Arabia's demand for power has had to keep up with its growing economy. Construction Week picks out the biggest power and water projects in the Kingdom.
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Saudi Electricity set to sell more sukuk
Saturday, 4 July 2009
Saturday, 4 July 2009
CEO of state-owned enterprise indicates market may be tapped again after last week's pricing of $5bn issue.
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Saudi to spend $28bn on ailing electricity network
Wednesday, 1 July 2009
Wednesday, 1 July 2009
Kingdom to invest huge amounts over next three years to meet rising power demands.
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Pricing of Saudi Electricity's new sukuk soars
Sunday, 28 June 2009
Sunday, 28 June 2009
Rise far exceeds 45bps over Saudi Interbank Rate seen with maiden issue back in February.
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Saudi Electricity Company obtains $1.09bn loan
Monday, 22 June 2009
Monday, 22 June 2009
Electricity giant says loan will finance new power units to meet demands of citizens.
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Power rationed amid Saudi electricity shortage
Tuesday, 16 June 2009
Tuesday, 16 June 2009
Factories in Jeddah told that electricity will be turned off each day from 1-4pm.
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Saudi Electricity sukuk seen priced above maiden issue
Saturday, 13 June 2009
Saturday, 13 June 2009
Gulf's largest utility by market value begins roadshow for its 2nd sukuk issue.
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Saudi Electricity to sell sukuk for expansion
Sunday, 7 June 2009
Sunday, 7 June 2009
CEO confirms utility will issue Islamic bonds that could be worth about 5bn riyals.
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Firm wins $100m deals to boost Saudi power
Thursday, 28 May 2009
Thursday, 28 May 2009
Swiss based ABB to design, install and commission three substations in Makkah.
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Saudi plans to break-up state utility
Monday, 30 March 2009
Monday, 30 March 2009
SEC (Saudi Electricity Company) to be split into four independent power companies to encourage competition.
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ABB wins US $95 million Saudi power job
Saturday, 31 January 2009
Saturday, 31 January 2009
Power house ABB has won an order worth US $95 million (SAR356 million) from the Saudi Electricity Company (SEC), Saudi Arabia’s national power transmission utility for substations to help strengthen the country’s distribution network.
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Saudi Electricity posts 12% decline for Q3
Sunday, 26 October 2008
Sunday, 26 October 2008
UPDATE 1: Gulf's largest utility down on rising input costs, new projects.
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Saudi king set to launch $3.2bn power projects
Monday, 13 October 2008
Monday, 13 October 2008
King Abdullah begins visit to Madinah, will lay foundation stone for major developments.
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Generation game
Monday, 13 October 2008
Monday, 13 October 2008
Meeting the Middle East's power needs will require a clever mix of turbine and engine-based plants.
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Alstom building Saudi power
Saturday, 13 September 2008
Saturday, 13 September 2008
Power generation group Alstom has signed a contract with Saudi Electricity Company to build stage three of the Shoaiba power plant, worth around US $2.7 billion (SAR 10.1 billion).
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Consortium wins $2.8bn Saudi power deal
Monday, 1 September 2008
Monday, 1 September 2008
French firm Alstom Power leads project to expand capacity at plant near Jeddah.
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No more outages, says Saudi power chief
Friday, 25 July 2008
Friday, 25 July 2008
Acting CEO of Saudi Electricity Company reassures customers following blackout.
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Saudis hit by power cuts
Thursday, 24 July 2008
Thursday, 24 July 2008
Problems at power plants, malfunctioning transmission line blamed by Saudi Electricity Company.
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Saudi Electricity eyes sukuk
Sunday, 29 June 2008
Sunday, 29 June 2008
Gulf's largest utility by market value says it needs to spend $6.93bn on 4 power plants to meet demand.
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Nuclear’s second wind
Sunday, 1 June 2008
Sunday, 1 June 2008
Time is a healer, as the saying goes. And in the case of nuclear energy this seems to be true.
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GE inks $500mn Saudi contract
Thursday, 29 May 2008
Thursday, 29 May 2008
Power deal to supply gas turbines and generators to various power plants owned by Saudi Electricity.
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Experts back Gulf nuclear drive
Tuesday, 27 May 2008
Tuesday, 27 May 2008
Experts push nuclear to fuel booming economies in favour of renewable sources like wind and solar power.
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Saudi Electricity posts biggest loss in four years
Monday, 21 April 2008
Monday, 21 April 2008
Gulf largest utility loses $205.6mn during Q1, a time when falling demand hits profit.
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Saudi to overhaul power sector
Tuesday, 18 March 2008
Tuesday, 18 March 2008
Gov't to privatise Saudi Electricity, breaking utility up into four separate units, regulator says.
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Gulf markets rebound
Wednesday, 12 March 2008
Wednesday, 12 March 2008
Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.
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Saudi boosts domestic power supply
Tuesday, 19 February 2008
Tuesday, 19 February 2008
Saudi Electricity says $40bn needed in investments by 2017 to reach demand.
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Saudi power project in prequalification stage
Wednesday, 6 February 2008
Wednesday, 6 February 2008
Some 45 companies and consortia previously submitted expressions of interest for the project.
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Saudi Electricity posts biggest loss in years
Monday, 21 January 2008
Monday, 21 January 2008
Utility reports loss of $144.8mn in Q4, twice as large as most pessimistic forecast.
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Saudi Electricity to shell out $7.4bn to meet demand
Wednesday, 12 December 2007
Wednesday, 12 December 2007
Utility unveils largest ever budget outlay for 2008 as consumption and costs soar.
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Saudi Electricity awards $1bn Rabigh contracts
Saturday, 8 December 2007
Saturday, 8 December 2007
Three local firms win contracts to expand generating capacity of power plant by 60%.
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Kelman takes Saudi treble
Monday, 19 November 2007
Monday, 19 November 2007
Delivery of transformer monitoring units for Saudi Electricity Company to be fast-tracked.
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Saudi Electricity earnings helped by summer heat
Thursday, 1 November 2007
Thursday, 1 November 2007
Gulf's largest utility increases Q3 profit by 5.8% to $454.4mn, beating forecasts.
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SEC job awarded
Wednesday, 17 October 2007
Wednesday, 17 October 2007
Zamil Cool Care has signed an agreement worth US $5.8 million (SAR21.5 million) with Saudi Electric Company (SEC).
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Arab energy giants eye coal imports
Wednesday, 27 June 2007
Wednesday, 27 June 2007
Four Gulf Arab states consider importing coal for power as they struggle to meet domestic demand.
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Saudi Electricity to spend $51bn to up capacity
Wednesday, 20 June 2007
Wednesday, 20 June 2007
Company will raise money from Islamic bonds to increase capacity by 60%.
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Saudi Electricity to sell $533mn in bonds
Wednesday, 20 June 2007
Wednesday, 20 June 2007
Company needs to up its generating capacity to meet increasing demand for power.
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Saudi to invest $50bn in power
Monday, 18 June 2007
Monday, 18 June 2007
Saudi Electricity says investment is needed to meet electricity demand up to 2015.
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SEC to invest $24 bn by 2010
Tuesday, 12 June 2007
Tuesday, 12 June 2007
Gulf's largest utility will sell Islamic bonds during next ten to 15 years to finance expansion.
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Saudi Electricity says has Aramco support
Wednesday, 30 May 2007
Wednesday, 30 May 2007
Utility says it is getting the support it needs to avoid summer power outages.
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Saudi Electricity seeks Aramco help
Tuesday, 29 May 2007
Tuesday, 29 May 2007
Utility needs Aramco to invest in more gas exploration and fuel pipelines to avoid power cuts this summer.
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Saudi Electricity to slash 900 jobs
Wednesday, 23 May 2007
Wednesday, 23 May 2007
Utility firm invites applications from employees for early retirement.
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